Founder of ‘China’s Amazon’, JDCom, makes a promise to the company’s 900,000 employees on AI and automation; says: Will not lay off employees who …

China is the world’s largest e-commerce market and has been so for many years. One of the biggest players in China’s online shopping market is Chinese ecommerce giant JD.Com, also known as ‘China’s Amazon’. As AI layoffs sweep companies and countries, the founder of JD.com has made a pledge to the company’s 900,000 employees. JD.com founder Liu Qiangdong vowed to prevent the e-commerce company’s 900,000-strong workforce from losing their jobs to automation at a recent town hall. As per a report in Bloomberg, the pledge sought to allay growing fears that the adoption of AI and robotics could replace workers. The report mentions a video circulating on social media that shows Liu addressing the company’s employees earlier this week.