JD.com Faces an Executive Shakeup and Possible Layoffs [The Motley Fool]
JD.com, Inc. - American Depositary Shares (JD)
Last jd.com, inc. - american depositary shares earnings: 3/2 05:03 am
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Source: The Motley Fool
JD.com Faces an Executive Shakeup and Possible Layoffs JD.com ( NASDAQ:JD However, two executive departures, reports of upcoming layoffs, and an online rant by Liu about "slackers" in his company cast a cloud over the more positive developments. Let's see if investors should be concerned. Image source: JD.com. Executive departures and layoffs In late March, JD announced that its chief technology officer Chen Zhang would resign to take a job as a senior advisor in the U.S. on June 0. Shortly afterwards, JD announced that chief public affairs officer Ye Lan would also resign on May . The company cited "personal and family reasons" for both departures. Back in February, JD stated that it would fire 0% of its high-level executives. In early April, it announced that it would cancel basic salaries for its couriers, cut their housing benefits, and pivot toward performance-based compensation instead. The Information Liu noted that as JD expanded rapidly over the past four to five years, "the
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JD
Earnings
- 3/6/24 - Beat
JD
Sec Filings
- 4/18/24 - Form 6-K
- 4/18/24 - Form 6-K
- 4/18/24 - Form 20-F
- JD's page on the SEC website