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Rumor: 51job to End 2010 with Round of Layoffs

BiaNews, 12/24/10

Chinese online recruitment site 51job (Nasdaq: JOBS) plans major layoffs at the end of 2010, according to an industry insider, with employees who have spouses or children among the first to be let go.

The cuts will focus on 51jobs national customer service staff, and the company headquarters will relocate to Wuhan.

Keywords: Internet 51job online recruitment JOBS HR

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