[Updated] Shopee downsizes global, SE Asian workforce; to shutter operations in Spain

[Updated] Shopee downsizes global, SE Asian workforce; to shutter operations in Spain

Source: Reuters

Editor’s note: This story, which was first published on June 13, has been updated to include Shopee’s move to shutter operations in Spain and other details. An email sent by Shopee CEO Chris Feng to employees has also been attached.  

Sea Group’s e-commerce arm Shopee is said to be executing layoffs across multiple markets globally as it seeks to rationalise its e-commerce business, DealStreetAsia has learnt.

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