Page 5 - Daraz News Today

Alibaba’s South Asian e-commerce giant says will adopt more streamlined, agile structure

Alibaba's subsidiary Daraz, a leading e-commerce entity in South Asia, announces another round of layoffs amidst market challenges.

Alibaba-owned e-commerce platform Daraz Group has announced layoffs across the group to adopt a more streamlined and agile structure, acting Chief Executive Officer James Dong said on Tuesday in an... -February 27, 2024 at 01:34 am EST - MarketScreener

KARACHI: Alibaba-owned e-commerce platform Daraz Group has announced layoffs across the group to “adopt a more...

Daraz Group has announced layoffs to "adopt a more streamlined and agile structure", acting CEO James Dong said in an internal memo.

Alibaba: The memo did not mention the number of people affected by the layoff. Daraz declined to comment on the percentage or absolute number of employees impacted across its operations in Pakistan, Bangladesh, Nepal, Sri Lanka and Myanmar.

“Reluctantly, we will bid farewell to many valued members of the Daraz family,” memo to staff says.

A contested environmental legacy looms over three decades of conflict.

KARACHI: Alibaba-owned e-commerce platform Daraz Group has announced layoffs across the group to adopt a more streamlined and agile structure, acting Chief Executive Officer James Dong said on...

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