Thailand
Singapore’s Sea cuts more jobs at e-commerce unit Shopee – Bloomberg News
SINGAPORE-based e-commerce and gaming firm Sea Ltd is cutting fewer than 500 jobs at its Indonesian unit Shopee, Bloomberg News reported on Friday, as part of a broader wave of cuts to control ballooning losses.
The latest layoffs affect full-time and contract workers in Shopee’s customer service team, the report said, citing a person familiar with the matter.
Sea did not immediately respond to Reuters’ request for a comment.
In September, Bloomberg reported that Sea cut 3% of employees at the Indonesian unit.
The firm also laid off more than 7,000 people, or about 10% of its workforce last year, according to an Information report. – Reuters