Alibaba's Trading Volume Ranks 62nd Amidst Employee's Resignation Letter Sparking Internal Debate

On June 11, 2025, Alibaba's trading volume reached 1.258 billion, ranking 62nd in the day's stock market. Alibaba (BABA) fell by 1.27%.

An Alibaba employee's 10,000-word resignation letter has sparked widespread discussion within the company, highlighting the company's internal issues and the changing attitudes of its employees. The letter, written by a product manager named Yuan An, who had worked at Alibaba for many years, criticized the company's current state and called for a return to its original values. Yuan An's letter resonated with many employees, who praised his courage and honesty. Even Alibaba's founder, Jack Ma, responded to the letter, expressing his appreciation for Yuan An's feedback and acknowledging the challenges the company is facing.

Yuan An's letter highlighted several key issues within Alibaba, including a shift in the company's culture from one focused on helping society to one focused on short-term gains and KPIs. He also noted a decline in the company's ability to innovate and a rise in internal competition and infighting. Yuan An called for a return to Alibaba's original values and a focus on long-term growth and sustainability.

Yuan An's letter has sparked a broader conversation within Alibaba about the company's future and its ability to adapt to changing market conditions. Many employees have expressed their support for Yuan An's call for change and have called on the company's leadership to take action to address the issues he raised. The letter has also highlighted the importance of maintaining a strong company culture and values, even as the company continues to grow and evolve.