NYSE:SEMultiline Retail
Sea Layoffs At Shopee Put AI Bets And E Commerce Execution To Test
Sea Limited (NYSE:SE) is cutting several hundred developer roles at its Shopee unit, equal to about 8% of Shopee’s development workforce.
The layoffs are tied to a shift in how Shopee uses artificial intelligence across its e-commerce operations.
The move is framed as an effort to streamline operations in response to changing market demands and new technology.
Sea, the Singapore based tech group behind Shopee, Garena and SeaMoney, is reshaping its e-commerce development teams at a time when...