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China Yahoo Employees May Quit Due To Business Adjustment
August 27, 2009 |
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Comments | Category: Business, Internet
As a result of the separation of Koubei.com from China Yahoo, local media reports that about 100 employees from Koubei.com in Beijing may resign from the company.
Affected by the merger of Koubei.com with Alibaba's e-commerce service Taobao.com, more than 100 employees of Koubei.com in Beijing will be transferred to work in Hangzhou, the headquarters for Alibaba, and some of them may choose to resign instead of going to work there. Local media reports state China Yahoo will compensate the employees who want to resign because of this move.
In addition, the top management from China Yahoo and Koubei.com has also undergone some changes. Wang Shuai, vice president of the marketing department of Alibaba, will work as general manager of China Yahoo and report to Zeng Ming, chief of the general staff of Alibaba. Meanwhile, Jin Jianhang, president of Koubei.com, will go to assist Jack Ma's work at Alibaba's board, and Zhang Yu, general manager of the consumer business department of Taobao.com, will work as general manager of Koubei.com, reporting to Lu Zhaoxi, president of Taobao.com.
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