Carsome Layoffs
September 2022
Carsome announced a layoff affecting 0 employees (10% of its workforce) in September 2022. The company operates in the Transportation sector.
0
10%
Sep 30, 2022
Company Information
- Industry
- Transportation
- Country
- MY
- Region
- Kuala Lumpur, Non-U.S.
About
Carsome, a Malaysian online car marketplace, laid off approximately 10% of its workforce in early 2023, affecting around 100 employees out of a total of about 1,000. The layoffs were part of a strategic restructuring to streamline operations and enhance efficiency amid challenging market conditions in the automotive e-commerce industry. As a leading unicorn startup in Southeast Asia, the company aimed to focus on sustainable growth and profitability while navigating economic uncertainties.
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support@layoffs.nlCompany Information
- Industry
- Transportation
- Country
- MY
- Region
- Kuala Lumpur, Non-U.S.