Company signals
Shopee
1 signal in the current window, with MitchelLake's leadership read on each.
Last updated
Market context: The wider read — a Talent Market Index of 107.2 (Hot), down 1.8 month-on-month — shows Asia signal flow steady (+0.3pts).
Shopee: 1 signal in the last 90 days; 0.1% of MitchelLake's Asia signal flow.
Signals at Shopee
More signals across Asia
Layoffs · Asia
GoKwik →GoKwik (ecommerce enabler platform) laid off 100–120 employees as part of restructuring and automation initiative. Layoffs primarily impacted customer onboarding and tech teams. Founded 2020, backed by Z47 and Peak XV, raised $68M to date.
Layoffs · Asia
Activision Blizzard →Activision Blizzard, under Xbox parent company, is cutting jobs across the board, including elimination of a small number of roles in China.
Layoffs · Asia
Homeplus →Court termination of Homeplus rehabilitation proceedings puts 12,000 employees at immediate risk of job loss. Company reduced workforce from 20,000 (March 2025) to 12,000 (post-Homeplus Express sale) and will likely liquidate.
Layoffs · Asia
Lazada →Lazada is cutting approximately 5% of its workforce as part of a strategic review across South-east Asia markets. The layoffs are not driven by AI initiatives.
Layoffs · Asia
Opendoor →Opendoor shut down entire India office with approximately 250 employee layoffs, citing AI-led automation. Company consolidated manual workflows previously handled by offshore Indian employees.
Layoffs · Asia
Standard Chartered →Standard Chartered Group CEO Bill Winters announced plans to cut corporate roles by 15% by 2030, impacting over 7,000 job roles, citing AI-driven efficiency gains
“replacing, in some cases, lower-value human capital with the financial capital and investment capital we're putting in”
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