PayMongo

Layoffs · Asia

Gaming startup Zupee reportedly laid off its entire remaining workforce (80-100 staff) in October 2026, its third and final round of cuts after roughly 170 and 200 earlier departures. It exited gaming, shut its NeoAstro and Zupee Studio ventures, and its AI pivot announcement is reported as a cover for a wind-down.

Layoffs · Asia

Malaysia's oldest newspaper publisher, Media Mulia, agreed to reassess a paid leave program affecting nearly 100 employees and to explore alternatives to layoffs, after planning to cut 100 staff.

Layoffs · Asia

Danish footwear maker ECCO halted production at its Bau Bang factory in Ho Chi Minh City on November 2, affecting 1,611 employees including 259 outsourced workers. Most contracts end November 30. ECCO is also closing its Portugal factory (about 650 workers) and cutting around 400 global and regional positions as part of a group restructuring to reduce costs and overcapacity.

Layoffs · Asia

ECCO Vietnam halted production at its Bau Bang Commune factory in Ho Chi Minh City and began dissolution procedures, with about 1,600 workers losing their jobs.

Layoffs · Asia

Nagoshi Studio, developer of Gang of Dragon, has closed months after NetEase withdrew funding.

Layoffs · Asia

Airports Corporation of Vietnam (ACV), developer of Long Thanh International Airport, cut 1,360 staff in Q3 2026, bringing 2026 reductions to nearly 3,700.