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SHOPEE JOB CUTS
Hyperlocal deliveries fuel 300% stock rise for Shopee ownerShopee, owned by Sea Ltd., has experienced a remarkable resurgence in Southeast Asia's e-commerce market, with its stock soaring. This come...- Singapore's Sea cuts more jobs at ecommerce unit Shopee: reportIn September, Bloomberg reported that Sea cut 3% of employees at the Indonesian unit.
- Workforce management startup BetterPlace acquires Indonesia's MyRobinThis is BetterPlace’s fifth acquisition since inception, bringing the total workforce at the company to about 1,000 inclusive of MyRobin’s ...
- Indonesia's GoTo to cut 1,300 jobs to step up cost cutting"Challenging global macroeconomic conditions are having a significant impact on businesses around the world and GoTo, like other prudent co...
- 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 ...
- Singapore-based Sea Ltd laid off 10% of workforce over past six months: reportSingapore-based Sea Ltd has laid off more than 7,000 employees, or around 10% of its workforce, over the past six months, the Information r...
- 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...
- Govt panel calls for national online gaming law; Ethereum completes MergeA panel comprising top government officials, which has been drafting regulations for the country's online gaming sector for months, has cal...
- 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...
- Elevation raises $670M India fund; edtech giant lays off 1,000 employeesElevation Capital, which invested in around 30 Indian startups last year alone, has closed its latest India-dedicated fund at $670 million.
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