Carsome confirms layoffs after expanding its ecosystem

Tech Wire Asia

Carsome confirms layoffs after expanding its ecosystem

In their effort to ‘optimize their workforce’, Carsome said it will focus on “improving productivity across the business, aligning resources with contributions to the bottom line, and enforcing stricter performance management.”The move would impact a certain number of employees, who Carsome said would receive their full severance package and extended health benefits until the end of the year.Meanwhile, the executive team is forgoing their salari…