AP/Mark SchiefelbeinThe Alibaba office in Beijing, Aug. 10, 2021 | File photo: AP/Mark Schiefelbein
Chinese tech giant Alibaba is shutting down its research and development center in Tel Aviv, Israeli media reported last week.
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According to financial daily Globes, the center's employees received an email from management informing them of the move.
According to TheMarker, the company plans to terminate the employment of the center's 40 employees.
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