According to media sources, the world’s largest online retailer Shopee has let go of 200 workers in Indonesia, largely from the customer care department.
The decision, according to a spokeswoman, is intended to increase Shopee Indonesia’s operational effectiveness.
The company also stated that impacted employees would get severance compensation in line with local laws, which will include a one-month salary bonus and access to health insurance for up to three months following their final day of employment. Muslim workers who were fired will also get a religious holiday allowance.
The information was released after Shopee reported its first-ever profitable quarter in Q4 2022, with an adjusted EBITDA of US $196.1 million. According to Data.ai, it continues to have the highest monthly active user count in Indonesia across both Google Play and the Apple Store.
As part of its cost-cutting initiatives in 2022, Sea Group laid off around 7,000 workers.
