Shopee has laid off around 7,000 employees this year alone: report

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Shopee, the Amazon of Asia, has laid off around 7,000 employees in the last six months, after latest cuts: report

"As part of the previously communicated exercise to optimize operating efficiency, we continue to carefully review our business projects and priorities in line with our goal of achieving self-sufficiency," a Sea Limited spokesperson said in a statement to Insider. to employees a few days before the major layoffs in September, detailing that the company's top objective for the next 12-18 months would be achieving self-sufficiency.

"Now that global conditions have changed, we too must adapt. Reining in costs will be an important priority, not just for us, but across the industry," Li wrote at the time. Subscribe to push notifications

 

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