Image via Business Times SG
Lazada: Layoffs
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.
Source: Business Times SG
The leadership read
Workforce moves like this mark the contracting side of the sector hiring conditions.
Market context: Backdrop: a 113.7 (Hot) Talent Market Index (up 13.7 on the month) with Asia activity rising (+3.8pts).
Lazada: 1 signal in the last 90 days; 0.1% of MitchelLake's Asia signal flow.
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