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Lazada cuts jobs by 5.0pct amid rising competition: Report (opens original article in a new tab)

TL;DR

Lazada reduces staff by 5.0pct across Southeast Asia due to increased competition and efficiency efforts.

  • Lazada cuts 5.0pct of workforce in Southeast Asia
  • Company cites rising competition and operational efficiency as reasons
  • Retrenchment affects multiple countries in the region
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