Welcome to Caixin's Tech Insider, your twice-weekly wrap on the movers, shakers and deal-makers in China's tech scene. Alibaba to cut cloud unit's staff by 7% Alibaba Group Holding Ltd. is cutting 7% of employees in its cloud computing division, Caixin has learned, as the tech giant kicks off a plan to spin off the unit for an eventual IPO as part of its reorganization.

https://www.caixinglobal.com/2023-05-26/tech-insider-alibaba-to-cut-cloud-units-staff-by-7-tiktok-tests-chatbot-102059341.html

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