Market Samachar

Lazada Layoffs: Alibaba Unit Slashes 5% Of Workforce In Southeast Asia

▸ MARKET SAMACHAR ANALYSIS

Our editorial commentary, not the publisher's article body.

Lazada, Alibaba's Southeast Asian e-commerce unit, is implementing significant layoffs, affecting approximately 5% of its workforce across six key markets. These markets include Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. The move indicates a…

• Lazada cuts 5% of Southeast Asia workforce.
• Alibaba's e-commerce unit faces restructuring.
• Layoffs impact six key regional markets.

Read full article on NDTV Profit - Latest ↗

Market Samachar is a news aggregator. This article was originally published by NDTV Profit - Latest. Tap the button above to read the full story on their site.

• INDIAN US stocks fall at open on tech selloff as concerns about hawkish Fed, AI spending mount Markets-Economic Times
• COMPANIES GE Vernova among 9 midcap stocks hit 52-week highs, rally up to 25% in a month Stocks-Markets-Economic Times
• COMPANIES Sebi proposes common advertising code for brokers, mutual funds, may allow celebrity endorsements Stocks-Markets-Economic Times
• INDIAN Oil slide anchors India 10-year yield at 3-month low Markets-Economic Times
• INDIAN You Do Not Need ₹15 Crore to Retire Comfortably: How Bonds Can Build Predictable Retirement Income Markets-Economic Times
• INDIAN Dow Jones| Nasdaq | US Stock Market Today | Live: Nasdaq falls over 2% as investors fret over AI spending & Fed concerns Markets-Economic Times
• INDIAN Gold may fall to $3,800 on Fed hike risk; ETF outflows, weak Asia demand weigh: Deutsche Bank report Markets-Economic Times
• INDIAN Market could be on cusp of trend reversal; business cycle funds suitable for capturing sector opportunities, say experts mint - markets

More from Market Samachar

• Stock markets decline for second day on selling in oil and gas, banking shares; Sensex down 142 points Stock Market Today: Sensex, Nifty, BSE, NSE Latest Updates | The Hindu
• Rupee settles on flat note, up 2 paise at 95.68 against U.S. dollar Stock Market Today: Sensex, Nifty, BSE, NSE Latest Updates | The Hindu
• Stock markets trade lower amid volatile trends Stock Market Today: Sensex, Nifty, BSE, NSE Latest Updates | The Hindu
• Rupee falls 8 paise to 95.78 against U.S. dollar in early trade Stock Market Today: Sensex, Nifty, BSE, NSE Latest Updates | The Hindu
• Stock markets rebound; Sensex climbs 117 points on fag-end buying Stock Market Today: Sensex, Nifty, BSE, NSE Latest Updates | The Hindu