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Benzinga
Benzinga
Technology
Anusuya Lahiri

Alibaba Disruptive Tech Unit Axes 30% Staff; Alibaba Focuses On Carbon Neutrality

Alibaba Group Holding Ltd's (NYSE:BABA) DAMO Academy has gone ahead with a plan to cut a third of its workforce, the Pandaily reports.

In the past six months, several experts quit DAMO Academy. In November 2021, Qi Yuan, former VP of Alibaba fintech affiliate Ant Group and Chief Scientist of Ant Group's AI division, joined Fudan University. 

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