E-Commerce Giant Shopee Cuts Jobs in China, Indonesia and Singapore

Shopee, the operator of Southeast Asia’s largest e-commerce platform, started a new round of job cuts Monday in Indonesia, Singapore and China, Caixin learned from several employees of the company.

The employees wouldn’t disclose details but told Caixin that only a low single-digit percentage of employees are affected. The reductions are part of the company’s efforts to increase efficiency, and Shopee will try to help those affected with the transition, the employees said.