ConsumerSG

Sea Layoffs

March 2022

Sea announced a layoff affecting 350 employees in March 2022. The company operates in the Consumer sector.

People Affected

350

Announced Date

Mar 30, 2022

About

Sea, the Singapore-based tech giant, conducted a significant round of layoffs affecting hundreds of employees across its e-commerce, gaming, and fintech divisions in early 2024. While exact figures were not officially disclosed, reports indicate the cuts impacted several hundred staff, representing a small percentage of its global workforce of over 30,000. The move is part of a broader effort to streamline operations and achieve sustained profitability amid challenging market conditions in the competitive internet and technology industry.