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Bangkok Post
Bangkok Post
Business

Shopee opts to reduce its headcount

E-marketplace Shopee is pursuing layoffs across markets in Asean, including Thailand, according to industry sources, as the company is believed to have become more cautious about spending and more focused on attaining profitability rather than burning cash.

The sources, who requested anonymity, echoed an earlier report by dealstreetasia.com which indicated that the layoffs have affected employees within the region, including Indonesia, Vietnam and Thailand.

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