Singapore’s Shopee e-commerce company is planning to layoff employees in Indonesia. Photo: Shutterstock
Singapore’s Shopee e-commerce company is planning to layoff employees in Indonesia. Photo: Shutterstock
Indonesia

Sea, owner of Shopee’s commerce site, set to fire 3 per cent of Indonesian staff

  • The Singapore-based company’s layoffs are part of a broader wave of regional job cuts that have included video game staff in Shanghai
  • Sea has lost about US$170 billion of market value since an October high, in an era of rising interest rates and intensifying competition

Singapore’s Shopee e-commerce company is planning to layoff employees in Indonesia. Photo: Shutterstock
Singapore’s Shopee e-commerce company is planning to layoff employees in Indonesia. Photo: Shutterstock
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