Tag: Layoffs
Riot Games, an American video game company, has announced they will cut off 11% of their staff around the world as they make critical adjustments for the future of the company.
A spokesperson for Unilever has confirmed the news to MARKETECH APAC, stating that they are doing everything they can to support their colleagues during these times.
In a developing story, some Lazada top executives are reportedly among those affected by the company’s retrenchment exercises as the layoffs expand to its other markets in Southeast Asia, The Edge Singapore reported.
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.
In a letter sent out by Tim Sweeney, chief executive officer at Epic Games to employees, the company is aiming at cutting costs without breaking development or their core lines of businesses so that they can continue to focus on their plans.
In a letter sent by current Grab CEO Anthony Tan to employees, he said that the company needed to adapt to the ever-changing environment of their industry ecosystem, with cost of capital going up, directly impacting the competitive landscape.
VICE World News looks to sell itself, and recently hired an interim finance chief to commence the media buy-out.
The leading online professional network will lay off employees from its recruitment team.
Both PayPal and HubSpot have announced 'sizeable' layoffs, citing weak performance.
Majority of the roles impacted will be under the company’s physical store Amazon Store, as well as from their people, experience, and technology (PXT) organisation.
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