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SHOPEE LAYOFFS
China leaders take reins at TikTok Shop in US as sales miss goalTikTok Shop in the US is navigating turbulent waters as it struggles to meet its ambitious sales targets. In a significant shift, ByteDance...- Southeast Asian tech giant Sea disbands investment arm amid global uncertaintyThe arm, Sea Capital, stopped new equity investing in 2022 with leadership moving on in May, while Sea itself is placing less priority on i...
- Singapore's Sea cuts more jobs at ecommerce unit Shopee: reportIn September, Bloomberg reported that Sea cut 3% of employees at the Indonesian unit.
- Ecom Express trails growth-hungry rivals; new-age stocks continue to plummetFor Ecom Express, the goal is sustainable profitability rather than the pursuit of volumes. But that approach may not be enough, given the ...
- Sandhya Devanathan is Meta India’s new head; Amazon begins mass layoffsMeta appointed Sandhya Devanathan as its India head on Thursday, a week after WhatsApp India chief Abhijit Bose left the technology firm, c...
- Amazon follows in Meta’s footsteps, begins mass layoffs: All you need to knowOn Tuesday, Amazon notified the regional authorities in California that it would lay off about 260 workers at various facilities employing ...
- Singapore still hiring tech talent though mass layoffs taking place among global heavyweightsHotspots of business activity and recruitment remain even as parts of the tech industry cool amid rising inflation and interest rates as we...
- How Singapore's large-scale tech layoffs are impacting IndiansBased on 2021 Singapore Ministry of Manpower figures, about a quarter of the 177,100 employment pass holders or around 45,000, are from Ind...
- Amazon India likely to axe jobs amid global layoffsThe Jeff Bezos-founded tech major – which operates various businesses in India including ecommerce, data centre under Amazon Web Services, ...
- New Data Bill draft to allow storage in trusted nations, Amazon layoffs likely to hit India staffThe government will propose to allow transfer of data and its storage in “trusted geographies” in the revised draft of the data protection ...
- Data localisation to be scrapped in new Bill, Amazon layoffs to hit India staffThe government will propose to allow transfer of data and its storage in “trusted geographies” in the revised draft of the data protection ...
- Tech in turmoil as Meta halts hiring; RBI firm on Oct 1 tokenisation deadlineThe tech industry has been swimming in molasses over the past few months after seeing unprecedented growth during the pandemic. Amid an eco...
- Ecommerce firm Shopee tells sacked employees to pay for computersIn recent weeks, Southeast Asia's largest ecommerce firm has cut jobs in various countries and shut down some overseas operations. Shopee's...
- Grab sees no big layoffs despite weak market"Around mid-year, we did some kind of specific reorganisations, but I know other companies have been doing mass layoffs, so we don't see ou...
- Sea Ltd shuts operations in some Latam countries, cuts Free Fire staff in ShanghaiShopee Chief Executive Chris Feng said in an internal email seen by Reuters that "in light of the current elevated macro uncertainty," Sea ...
- Tech workers left hanging as Sea e-commerce arm Shopee rescinds job offersFour people interviewed by Reuters who have participated in a WeChat group of some 60 people that was set up to discuss Shopee's withdrawal...
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