Tag: Layoffs
Amazon has begun laying off employees in its devices group, following reports saying that the company plans to lay off 10,000 employees in corporate and technology roles.
The layoffs spread across three out of six of Tencent’s business divisions. They include platform and content (PCG); the interactive entertainment department (IEG), and the cloud and smart industries group (CSIG).
Shopee makes third round of layoffs this year including teams from Singapore, says they're working on helping out affected employees.
Salesforce previously underwent retrenchment in August 2020, and then in January this year while they implemented a ‘hiring freeze’.
APAC teams that were affected by the Twitter layoffs include from communications, marketing, engineering, and sales teams.
The move will impact several employees, who will receive their full severance package and extended health benefits until the end of the year.
According to SCMP, the layoffs are to optimise operating efficiency with the goal of achieving self-sufficiency across Shopee’s business.
Sources told Reuters that Sea's gaming livestream business and its development arm Garena would be cutting projects.
According to a statement to TechCrunch by CEO Tom Keiser, the layoffs are meant to refocus their strategies to drive efficiency and growth.
Oracle has started laying off an undisclosed number of its employees in marketing and the US customer experience units.
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