Shopee lays off staff in food delivery, online payment teams in Southeast Asia

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SINGAPORE — E-commerce giant Shopee will lay off some employees in its food delivery ShopeeFood and online payment ShopeePay teams in Southeast Asia.

It will also cut staff in Mexico, Argentina and Chile, as well as a cross-border team supporting the Spanish market, according to a company memo seen by CNA."Given elevated uncertainty in the broader economy, we believe that it is prudent to make certain difficult but important adjustments to enhance our operational efficiency and focus our resources," he wrote.

He also said Shopee will close its early-stage pilot in Spain, after announcing plans to launch online sales in the country last October.in March, months after starting operations there. “We are committed to providing the same level of support to our users, partners and merchants in all these markets,” he added.

 

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