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HomeCompaniesAliExpress Russia

AliExpress Russia

🇷🇺 RussiaRetail
Total Affected

400

Total Events

1

Layoff History

5/14/2022RU

400

affected

AliExpress Russia, the joint venture of Alibaba Group, has laid off approximately 40% of its staff following Russia's invasion of Ukraine, which severely disrupted its cross-border e-commerce operations. The cuts, implemented by May 2022, reflect the significant impact of the war and international sanctions on its business, forcing a sharp reversal from earlier expansion plans in what was its largest market.

40%
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