This is probably the most shared screenshot amongst tech executives in China today:

“Only when Jack Ma talks about layoffs, you see big picture:
Huawei: give up on mediocre employees.
Tencent: structural optimisation.
Baidu: encourage the wolf spirit, and eliminate the bourgeois.
NIO: partial optimisation to improve operational efficiency.
iFlytek: those employees who eat early need to be ‘optimised’. eliminate those employees who can’t fight because of lack of stamina.
Jack Ma: From now onwards, every year we will contribute to the society 1000 talented individuals who have worked at Alibaba for more than 10 years.

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