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Alibaba's South Asian e-commerce giant Daraz announces layoffs in memo
Summary by Ground News
Daraz declined to comment on the percentage or absolute number of employees impacted. Last year, Daraz told Reuters it employed 3,000 employees across its geographies. In January, the e-commerce group appointed James Dong as acting CEO, replacing outgoing CEO Bjarke Mikkelsen.
On Tuesday (February 27), James Dong (James Dong), acting chief executive officer of Daraz, a South Asian e-commerce platform owned by Alibaba, said in an internal memorandum to employees that the company had announced layoffs throughout the company to “adopt a more streamlined and flexible structure.”