Alibaba, Meituan to Reduce University Graduate Recruiting
36Kr.com, 9/03/15
Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA) and group buy site Meituan recently announced that they will be reducing the number of university graduates hired in 2016. Alibaba has cited changes to its campus recruitment strategy as well as a tightening of recruitment criteria as the reasons for this change. Meituan is reported to have taken down all of its university recruitment job listings for product positions as of today.
According to information obtained by technology media outlet 36Kr.com, Alibaba will reduce its total campus recruitment quota from 3,000 personnel to 400 personnel. The order of priority for job offers will run from internal recommendations, to internships, to campus recruitment. Internal recommendations already account for a portion of Alibaba's recruitments, and there are already between 800 and 1,000 students interning with the company, of whom only a small percentage will receive a job offer.
Keywords: e-commerce Internet university Meituan Alibaba Group BABA group buying HR
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