{"id":548710,"date":"2026-03-20T09:31:08","date_gmt":"2026-03-20T09:31:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/548710\/"},"modified":"2026-03-20T09:31:08","modified_gmt":"2026-03-20T09:31:08","slug":"alibaba-workforce-shrinks-34-in-2025-as-chinese-tech-giant-doubles-down-on-ai","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/548710\/","title":{"rendered":"Alibaba workforce shrinks 34% in 2025 as Chinese tech giant doubles down on AI"},"content":{"rendered":"<p>The Alibaba stand at the World Artificial Intelligence Conference at the Shanghai World Expo Exhibition Center in Shanghai, China, on July 5, 2024.<\/p>\n<p>Nurphoto | Nurphoto | Getty Images<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/quotes\/9988-HK\/\" rel=\"nofollow noopener\" target=\"_blank\">Alibaba<\/a>&#8216;s workforce shrank by roughly 34% over the course of 2025, as the company offloaded some of its offline retail businesses while doubling down on artificial intelligence.<\/p>\n<p>The Chinese e-commerce and technology giant ended December with 128,197 employees, down from 194,320 a year earlier.<\/p>\n<p>The disclosure of its latest headcount came in an earnings report released Thursday that showed the firm&#8217;s profit plunging 67% and its revenue missing expectations for the last three months of last year.\u00a0<\/p>\n<p>The company&#8217;s shares in Hong Kong were trading down 6% Friday.\u00a0<\/p>\n<p>Stock Chart IconStock chart icon<img decoding=\"async\" src=\"https:\/\/static-redesign.cnbcfm.com\/dist\/a54b41835a8b60db28c2.svg\" class=\"Collapsible-dismissButton\" alt=\"hide content\"\/><\/p>\n<p>The bulk of Alibaba&#8217;s workforce reduction was revealed in its March 2025 quarter following the sale of <a href=\"https:\/\/www.alibabagroup.com\/en-US\/document-1811266069768175616\" target=\"_blank\" rel=\"nofollow noopener\">Sun Art <\/a>retail group at the end of 2024. The tech giant also exited its stake in\u00a0department store chain <a href=\"https:\/\/www.alibabagroup.com\/en-US\/document-1805750470585614336\" target=\"_blank\" rel=\"nofollow noopener\">Intime<\/a> around the same period.<\/p>\n<p>China&#8217;s second-largest tech company by market cap is amongst a raft of other major tech firms that have reduced headcounts in the past year from Silicon Valley to Hangzhou, China.\u00a0<\/p>\n<p>Alibaba&#8217;s staff has supported its sprawling network of business units spanning e-commerce, cloud, logistics, and other related services.\u00a0<\/p>\n<p>However, Alibaba has been steadily reducing headcount in recent years, though the latest cuts were much larger than the 11% reduction in December 2024 from the prior year.<\/p>\n<p>This comes as Alibaba has sought to offload labor-intensive holdings and restructure its core businesses, with a major focus on artificial intelligence. <\/p>\n<p>The tech giant aims to become a full-stack AI company spanning semiconductor manufacturing to computing and AI models.\u00a0<\/p>\n<p>The company this week launched an agentic AI service known as <a href=\"https:\/\/www.cnbc.com\/2026\/03\/17\/alibaba-wukong-ai-enterprise-tool-restructuring-qwen-exits.html\" rel=\"nofollow noopener\" target=\"_blank\">Wukong<\/a> for businesses, and hiked prices for its cloud and storage services by as much as 34% due to rising demand and supply chain costs.<\/p>\n<p>Alibaba CEO Eddie Wu said during an earnings call Thursday that the company aimed to grow its cloud and AI revenue to over $100 billion annually over the next five years. <\/p>\n<p><a href=\"https:\/\/www.google.com\/preferences\/source?q=https:\/\/www.cnbc.com\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"The Alibaba stand at the World Artificial Intelligence Conference at the Shanghai World Expo Exhibition Center in Shanghai,&hellip;\n","protected":false},"author":2,"featured_media":548711,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[62,11854,276,277,2158,161,49,48,95,25427,198786,40479,40480,61,198784],"class_list":["post-548710","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-alibaba-group-holding-ltd","tag-artificial-intelligence","tag-artificialintelligence","tag-breaking-news-technology","tag-business-news","tag-ca","tag-canada","tag-china","tag-hangzhou","tag-invesco-golden-dragon-china-etf","tag-ishares-china-large-cap-etf","tag-ishares-msci-china-etf","tag-technology","tag-xtrackers-harvest-csi-300-china-a-shares-etf"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/548710","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=548710"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/548710\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/548711"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=548710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=548710"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=548710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}