Sign up to receive 5 free days of our daily summary for tech news.

Interested in the Uber IPO? Subscribe today for $100 off and get access to daily conference calls during the week prior to the IPO.

Read this article for free.

Already a subscriber? Log in here

Asia E-commerce

Deep Cuts Planned at China’s JD.com

Chinese online retail giant JD.com is working on a substantial round of layoffs that could slash the workforce of some teams by half, according to people briefed on the matter.

In total, JD.com could cut up to 8% of its 150,000-plus workforce, or more than 12,000 jobs, according to investors in the Nasdaq-listed company. While it isn’t clear how the layoffs will be distributed, the cuts are expected to affect teams at the company’s Beijing headquarters, as well as JD.com’s massive delivery and warehouse staff, one of the people said. It would be an unprecedented move for one of China’s biggest tech companies whose revenue last year stood at $67 billion.

What Is The Information?

Notes bb3aa5069205d702dda37fc71dc6f1c59df2310c4379304e9f1199f052af4884

Exclusive Articles

We broke it first. Receive original reporting you won't read anywhere else from the largest newsroom in tech.

Notebook b5103017ee163370a1667c9ce59ab0ef023875a17888105d26c185cadf31bb69

Daily news analysis

Every weeknight, we'll send you our reporters’ views on the day’s top tech news—distilled into one email.

Conference calls c9e664e8b96ee347d3e92b8309938f268422b9db98cfabca5c826fbb75054b23

Conference calls

Get access to our reporters and other top executives with monthly deep-dive calls into topics like startups and autonomous vehicles.

Events 499acedd16cffc41445edd76bfd302b2836c2a27419890f17130a6b10e2aa3df

Special Events

For no extra fee, get access to more than a dozen events yearly, from intimate dinners to larger gatherings with marquee speakers.

What else is included in my subscription?

Become a contributor

Share your views and find other subscribers by completing your profile. You’ll be listed in our contributor directory.

Slack community

Discuss topics and current events with our subscriber-only Slack group and share news about your company with other subscribers.

Annual Subscriber only benefits:

Org Charts

Access the only collection of tech company org charts. Our expanding database includes companies like Amazon, Snap, and Uber.

Crypto Newsletter

Our experts investigate the latest in the crypto world to keep you in-the-know about the movements of digital currencies.

Stay up to date on Silicon Valley

Sign up for Jessica Lessin’s (The Information’s CEO & Founder) free Saturday newsletter and also receive a complimentary week of our daily afternoon tech commentary email.

Already a subscriber? Log in here

Recent Articles

Asia

The People Behind ByteDance’s App Factory

By Yunan Zhang

Uber/Lyft

Ten Questions Uber’s IPO Investors Should Ask

By Amir Efrati

Uber/Lyft

What Uber Must Do To Make Money

By Amir Efrati

Uber/Lyft Markets

What Lyft and Uber Are Really Worth

By Amir Efrati and Jessica Toonkel