RetailRU
AliExpress Russia Layoffs
May 2022
AliExpress Russia announced a layoff affecting 400 employees (40% of its workforce) in May 2022. The company operates in the Retail sector.
People Affected
400
Percentage
40%
Announced Date
May 14, 2022
About
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.
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