Shopee Thailand prepares to lay off many employees affected by economic changes which had previously been discharged once in June
On September 26, 65, reporters reported that Shopee Thailand announced a large number of layoffs. Previously, Shopee had layoffs in Thailand. In mid-June, Sea Group, the parent company of Shopee, was quoted as saying the economy had changed dramatically.
This time, Shopee announced it was laying off more than 10% of its employees, with some of Shopee’s employees receiving an email restructuring. and some changes in the business which will cause employees to be fired It is estimated that at least 200 people receive this email.
The reduction in the number of employees at Shopee Thailand Consistent with Shopee in other countries Announced after the layoff of employees in many markets From China laying off less than 10%, Indonesia laying off 3%, to Chile, Colombia and Mexico laying off most of their employees. and turned to cross-border operations instead.
However, in Q2 2022, Shopee parent Sea Group saw revenue grow 29% to $2.9 billion. It became the main source of income, accounting for nearly 60% of Sea, but still, the company’s current core business has more than doubled its net loss to -931.2 million.
