Shopee Layoffs
November 2022
Shopee announced a layoff affecting 0 employees in November 2022. The company operates in the Food sector.
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Nov 14, 2022
About
In November 2022, e-commerce giant Shopee, the digital arm of parent company Sea, conducted its third round of layoffs for the year, affecting employees in Singapore, including teams in human resources and learning and development. This move was part of the company's ongoing efforts to optimize operating efficiency and achieve self-sufficiency amid challenging macroeconomic conditions and Sea's broader struggle toward profitability. While the exact number of employees impacted in Singapore was not disclosed, the layoffs followed previous job cuts in June and September 2022 across various regions and teams, reflecting a period of significant restructuring for the large-scale tech firm.
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