China's JD.com said to target job cuts to stem losses

China's JD.com said to target job cuts to stem losses

JD.com Inc. headquarters in Beijing. Photographer: Qilai Shen/Bloomberg

JD.com Inc. is preparing deep cuts to its workforce and rescinding some job offers as the Chinese e-commerce giant struggles to revive dwindling morale and rein in losses, people familiar with the matter said.

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