IDX-listed tech giant GoTo announced on Friday that it will lay off 600 employees following a streamlining of its business that involves the consolidation of various divisions.
The company said it is undertaking a consolidation of certain businesses and teams across the ecosystem. “For example, it is redesigning GoTo Financial’s merchant business and combining its two offline merchant teams into one,” said GoTo, adding that the changes will help the company deliver a more cohesive experience to merchants, while also reducing costs.
