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Transcripts for BBCNEWS Verified Live 20240604 15:45:00

you mentioned the six different units, how likely do you think it is we may see job losses and possibly even separate stock market listings? so, the cloud division, which is the second biggest unit, it is loss making and there were reports that actually it is going to cut about 7% of its workforce. and the fact that these units are likely to go to initial public offerings, usually it means that investors will be scrutinising the financials. so usually it may be a good move for these companies to actually streamline their businesses, increase efficiency, which may meanjob losses. but then, actually, there is another official report coming from alibaba that, actually, they are still broadly hiring. they actually need to hire 15,000 people in the coming future. so the message is a bit mixed, but i think there could be job losses coming. in the us, the electric vehicle maker rivian has announced it s agreed to adopt tesla s charging standard.

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