#Jd.com jingxi wechat pay chinachina plus

For staff who were terminated without being notified 30 days in advance, JD.com will offer a “N+1” compensation package, meaning a severance pay equivalent to “N” times their monthly salary plus another month’s worth. Many employees who spoke to Jiemian said they had been asked to resign on March 31. This put it on a collision course with rivals like Pinduoduo and Meituan. It provides low-cost products with quality services such as next-day arrival for purchases made by community users. Previously, JD.com’s community group-buying platform Jingxi, launched in 2019, was hit by a layoff in mid-March. In the parlance of Chinese tech industry, “optimization” is a euphemism for firing somebody. Many employees revealed to Jiemian, a business news portal, that JD Global will trim 10-15% of its staff.Ī widely circulated document online purportedly leaked from JD.com shows that the planned cuts impact wider sections of the company's workforce, with a so-called “optimization” ratio ranging between 10% and 30% and involving several units under JD.com and JD Technology.

The rumored layoffs involve multiple departments, including platform ecosystem and business promotion units under JD.com, the tech and data intelligence affiliates of JD Logistics, and JD Global. Chinese e-commerce giant JD.com, which until recently had been considered to have escaped the large-scale tech layoff, has also been mired in the massive downsizing drive.