China Tech Firms Call Layoffs 'Graduations'

China’s tech companies are laying off workers — and congratulating them on their unemployment, Insider reports, as social media users shared a cheery note from JD.com titled “graduation notice” from the firm’s human resources department.

The JD.com note, which has been verified to Insider by a source, is generically addressed to an unnamed employee, or “JDer”. It reads: “Happy graduation! Congratulations for having graduated from JD.com! Thank you for the companionship!”

Read the full report: Insider.

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.