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He was ousted a year ago and was allowed a year-long transition as the ousted head of Alibaba? > The transition was announced a year ago.
by pgodzin 7y ago
He was ousted a year ago and was allowed a year-long transition as the ousted head of Alibaba?
> The transition was announced a year ago.
- Rapzid 7y agoTo be fair, if that were the case what's the alternative? Re-education camp?
- mogadsheu 7y agoI think it's entirely possible that he's just selling high after a few decades of hard work. Ousting to me doesn't mean getting thrown out of the building with your things in a box, it can happen peacefully and gradually. Jack almost certainly has ties to the CCP and a good dialogue with them--it's a necessity to grow a business in that country. My guess is that there was a good amount of pressure gracefully imposed by an outside group to step down. But maybe he just wants to start a university/cure malaria and move on before China exports slow down.