FoodID

Shopee Layoffs

March 2023

Shopee announced a layoff affecting 200 employees in March 2023. The company operates in the Food sector.

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People Affected

200

Announced Date

Mar 9, 2023

Company Information

Industry
Food
Country
ID
Region
Singapore, Non-U.S.
Last Updated: Apr 18, 2026

About

Shopee, a major e-commerce platform under Singapore-based Sea Group, conducted a new round of layoffs in September 2023, affecting employees across multiple regions and business units. While the exact number of layoffs was not officially disclosed, reports indicated it impacted several hundred staff. This move was part of the company's ongoing efforts to optimize operational efficiency and achieve cost savings amid a challenging global economic environment and increased market competition. The layoffs followed previous workforce reductions in 2022, reflecting the broader trend of adjustments within the tech and e-commerce industry.

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