Singapore – E-commerce company Lazada, a subsidiary of Alibaba Group, faces staff reductions in its Singapore office amidst the 2024 new year transition, The Edge Singapore reported.
An employee familiar with the matter has revealed that senior and junior employees from multiple departments, including those from commercial and marketing teams, had received individual calendar meeting invites from the company’s human resources department at the end of the January 2 workday.
The anonymous employee further revealed that the layoffs, which began on January 3, are speculated to last until January 5, as the HR department has reserved all meeting rooms until the end of the week.
Additionally, Lazada Singapore has also been operating without an in-house communications department since last year.
Currently, there is no exact number as to how many employees have been laid off from the company’s Singapore unit.
The reports of layoffs come months after Lazada Singapore’s former CEO, Loh Wee Lee, left the company in August 2023. He has since been replaced by Jason Chen, who also serves as the group chief business officer at Lazada.