Lazada cuts 5% of South-east Asia staff, including in S'pore
Lazada has laid off 5% of its workforce across South-east Asia as part of a broader trend of e-commerce companies shifting focus from rapid growth to profitability. This move follows similar job cuts by competitors like Shopee and Amazon in the region.
Why it matters
It signals a cooling period in the South-east Asian tech sector, where companies are prioritizing operational efficiency over aggressive expansion.
A Lazada spokesperson said on June 23 that the regional e-commerce company is “reviewing selected roles across South-east Asia”.
The report provides factual coverage of corporate layoffs and industry trends without editorializing.
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