The Ledger

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Assertion Supported

Coogan: Alibaba, Baidu, Kuaishou, and Tencent Downsized Headcounts Across 2021–2023

“Big tech groups in China have been downsizing in the past few years. So this is 20, 21, 20, 22 and 20, 23 for Alibaba, Baidu, Kuaishou and Tencent. And they're all downsizing across those three years.”

John Coogan Jan 22, 2026 ▶ 11:34 Kling AI reaches 12M MAU, China's aging tech worker crisis, drama at ThinkingMachine | Diet TBPN

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The Ledger

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