Sohu IT, 3/12/12
Hangzhou-based e-commerce conglomerate Alibaba Group has announced a rotation system for its 22 senior executives, including those at its wholly-owned subsidiaries.
Alibaba Group also announced that in 2012 it plans to increase its workforce by only 200 people. Following the 2009 financial crisis, Alibaba Group hired over 5,000 new employees, injecting fresh blood into the company but also giving rise to issues regarding corporate values, management, and business systems. The company needs time to adapt to these changes and improve its organizational capabilities.