Alibaba says to hire this year, refuting layoff rumours
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/5/2026
- Equities close higher as softer jobs data quiets rate-hike expectations
- U.S. economy adds fewer jobs than expected as unemployment rate ticks higher
- Nvidia returns as Morgan Stanley’s Top Pick on attractive valuation
- Citi says rate volatility without Fed repricing is concerning
- U.S. credit-reporting stocks fall as FHFA weighs two-bureau mortgage rule
- Equities close higher as softer jobs data quiets rate-hike expectations
- Cantor Fitzgerald on Rivian (RIVN): 'pre-announced that it delivered 19,248 vehicles in 3Q26, above our estimate'
- Nvidia returns as Morgan Stanley’s Top Pick on attractive valuation
- DISH DBS emerges from bankruptcy, cuts debt by $4.35 billion
- Tanker struck by projectile in Strait of Hormuz
Alibaba (BABA) to hire 15,000 people this year, denies layoff rumors
May 25, 2023 11:31 AM EDTAlibaba (NYSE: BABA) on Thursday dismissed rumors that it planned to cut a large percentage of its workforce and instead stated it plans to hire 15,000 people this year.
Rumors circulating on Chinese social media in the last few days said BABA... More
