Singapore's Sea cuts more jobs at e-commerce unit Shopee, reports Bloomberg News


SINGAPORE, March 11 (Reuters): Singapore-based e-commerce and gaming firm Sea Ltd is cutting fewer than 500 jobs at its Indonesian unit Shopee, Bloomberg News reported on Friday, as part of a broader wave of cuts to control ballooning losses.

The latest layoffs affect full-time and contract workers in Shopee's customer service team, the report said, citing a person familiar with the matter.

Sea did not immediately respond to Reuters' request for a comment.

In September, Bloomberg reported that Sea cut 3% of employees at the Indonesian unit.

The firm also laid off more than 7,000 people, or about 10% of its workforce last year, according to an Information report. - Reuters

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