« China's economic downturn 'vastly overstated': report | Sep property investment growth slows to six-year low, figures from NBS indicate » |
Baidu halts recruitment drive following IT industry downsize
(Ecns) -- Baidu, one of China's three leading Internet giants, is tuning its recruiting strategy to focus on top talents.
The company confirmed the adjustment to China News Service, including a halt on team expansion.
Baidu's recruiting head Liu Hui revealed in an email that they've closed the window for job applications, excluding already announced positions.
Meanwhile, campus recruitment will continue as scheduled. Its CEO Li Yanhong will appear at a career talk at Fudan University in Shanghai next week.
Except for Baidu, Alibaba Group, led by Jack Ma, has also announced it would cut down on new employees in 2016 from a planned 3000 to 400, triggering speculation of an industrial slump, according to tech.qq.com.
In response, Baidu explains that the move is "in line with its consistent pursuit for efficiency," and that it will take the lead with a "smaller but excellent" team.
Founded in 2000, Baidu has been gaining momentum over the past 15 years with more than 50,000 current employees.