The cuts spanned various departments across the Singaporean company as well as its regional offices in countries including #Malaysia, #Indonesia and #Vietnam. #Singapore
The latest job cuts come amid speculation regarding a potential initial public offering for #Lazada’s parent company, #Alibaba International Digital Commerce, in the #UnitedStates in 2024.
Laid-off Lazada staff offered 2 weeks’ pay for each year of service; union negotiating on benefits
https://www.straitstimes.com/singapore/laid-off-lazada-employees-offered-2-weeks-pay-per-year-of-service-union-negotiating-for-better-benefits
