Sources: Alibaba and Tencent are planning to cut tens of thousands of jobs combined this year as companies try to cope with China’s regulatory crackdown (Reuters)

Reuters:
Sources: Alibaba and Tencent are planning to cut tens of thousands of jobs combined this year as companies try to cope with China’s regulatory crackdown  —  Alibaba Group (9988.HK) and Tencent Holdings (0700.HK) are preparing to cut tens of thousands of jobs combined this year …