Lazada, a major e-commerce platform in Southeast Asia, has announced a workforce reduction affecting approximately 5% of its employees across the region. The cuts impact workers in multiple countries, including Singapore. This marks the second round of job cuts in Singapore for Lazada this year, following a similar reduction in January 2024. Affected Singaporean employees will receive support from the Singapore Industrial and Services Employees’ Union (SISEU). The company has not disclosed the specific reasons for the layoffs, but it signals a broader trend of restructuring within the tech industry. SISEU is working with Lazada management to ensure fair severance packages and assistance for displaced workers, including help with job placement. The move reflects ongoing economic pressures and evolving business strategies within the competitive e-commerce landscape.