Daraz Layoffs: Alibaba-Owned eCommerce Firm Fires 11% of Workforce
The Pakistan-based company is one of the leading eCommerce firms in the South Asian region.
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Daraz Group, a venture funded by Alibaba Group Holding Ltd., is cutting 11% of the workforce amid a slump in online shopping. The Pakistan-based company is one of the leading eCommerce firms in the South Asian region. Boeing Begins Layoffs, To Slash 2,000 Jobs in Finance and HR Verticals; Outsourcing Employees at TCS Hit Hard.
Daraz Layoffs:
Alibaba's Daraz fires 11% of its staff as global tech layoffs mount https://t.co/NbwMvurHCp
— Bloomberg (@business) February 7, 2023
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(The above story first appeared on LatestLY on Feb 07, 2023 10:51 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
