Jakarta, CNBC Indonesia – Shopee staff in Singapore were notified that they were part of the company’s continued layoffs.
Shopee’s layoffs this time include staff in human resources (HR), regional operations, marketing, and product and engineering, the Business Times reported. Straits Times, Tuesday (20/9/2022).
Citing sources as saying that some workers, including those in Singapore and China, are starting to accept email notification of their layoff shortly after the meeting town hall across departments on Mondays.
Employees affected by Shopee’s latest layoffs will be provided with an appropriate compensation package, the company said in a joint statement with Creative Media and Publishing Union (CMPU).
Shopee, branch e-commerce Sea, which is listed on the New York Stock Exchange, earlier this year cut workers on the ShopeeFood and ShopeePay teams in the region.
Its parent company has undertaken extensive cost-cutting measures in recent months, hoping to generate revenue amid a challenging global environment and a broad fall in tech stocks.
Earlier this month, the company reportedly cut staff at Garena’s gaming division as well as Sea Labs’ research and development unit.
A Shopee spokesperson said in a statement “This change is part of our ongoing efforts to optimize operating efficiency with the goal of achieving self-sufficiency across our business.”
“We are extending support to our colleagues affected during this transition.” he added.
A joint statement by Shopee and CMPU said that facilitation and employment assistance, including career training and job matching services through the CMPU network and the e2i (Institute of Employment and Employment) of the National Trade Union Congress, would be offered if needed.
CMPU will also continue to work closely with Shopee to ensure the best interests and welfare of employees.
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