Daraz Group Implements Workforce Reduction: Layoffs Announced in Internal Memo
Daraz releases a memo announcing layoffs. In an internal memo reviewed by Reuters, acting Chief Executive Officer James Dong announced layoffs across the Alibaba-owned e-commerce platform Daraz Group. The move aims to “adopt a more streamlined and agile structure,” reflecting the company’s strategic realignment efforts. Impact on Employees Although the memo did not specify the…