Lazada lays off 20% of its headcount in latest overhaul: report

Lazada lays off 20% of its headcount in latest overhaul: report

Alibaba pumps $634 million into Lazada in heated competitors. Credit: Lazada

Southeast Asia-targeted e-commerce platform Lazada is laying off around 2,000 workers, or 20% of its headcount in the very first scaling down given that Alibaba’s acquisition in 2016, according to a Tuesday report by LatePost. The redundancy impacts not just entry-level personnel however likewise senior functions that rank above P8 and is focused on reducing expenses, as 6 Lazada-covered nations have their own operations and assistance groups while head offices were likewise associated with the very same work formerly. Lazada is still in a loss-making status, order development has actually slowed over the previous year, and the business likewise deals with tightened up competitors from local competing Shopee. The most recent overhaul is set to move focus towards centralized decision-making at the head office, which will utilize data-driven techniques to designate aids and get user development for each nation, a Lazada source informed LatePost.[[LatePost, in Chinese]


Learn more

Leave a Reply

Your email address will not be published. Required fields are marked *