China – Regional e-commerce giant Shopee has reportedly cut more jobs, this time in the Chinese market, according to a report by the South China Morning Post.
The recent layoffs in China follows recent reported layoffs from Shopee in Singapore, Indonesia, and in Latin America.
According to SCMP, the layoffs are to optimise operating efficiency with the goal of achieving self-sufficiency across Shopee’s business. In addition, they will be extending support to their affected colleagues during this transition.
However, the report didn’t mention how much of Shopee China’s workforce are impacted.
It should be recalled that Shopee’s parent company Sea has also announced that it is shutting some of its projects and downsizing staff in Garena and Sea Labs.
Shopee is one of the latest tech companies to announce employee layoffs, including Netflix, Snap, Oracle, and Hootsuite.
