David Wei

Jack Ma’s Internal Email on Alibaba.com Management Shakeup

Alibaba’s CEO and COO have resigned after an investigation uncovered fraud involving 2,326 CGS members. The company has also fired the sales staff who knowingly allowed the fraud to happen. Alibaba’s chairman, Jack Ma, has sent a memo to employees saying that the company will not tolerate fraud and that it is committed to being a company that is “open, transparent, sharing, responsible, and global.”

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