RetailSG

Carousell Layoffs

December 2024

Carousell announced a layoff affecting 76 employees (7% of its workforce) in December 2024. The company operates in the Retail sector.

People Affected

Percentage

Announced Date

Dec 6, 2024

About

Singapore-based e-commerce platform Carousell announced on December 6, 2024, that it is laying off 76 employees, which represents 7% of its total workforce. The company stated this strategic reorganization was a proactive move to adjust its business units to current market realities and reallocate resources to more promising areas, aiming to ensure long-term sustainability and operational efficiency. Approximately 60% of the affected roles are based in Singapore, with the remaining cuts spread across its other regional offices.