JD.com to Lay Off 1 in 10 High-Level Executives

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By Zhao Runhua / Feb 19, 2019 04:14 PM / Business & Tech

E-commerce giant JD.com will lay off 10% of its high-level executives in 2019, potentially affecting 100 people, the company said on Tuesday.

The move is intended to foster "quality" business growth and improve "organizational vitality," a representative told Caixin.

This story is developing.

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