Lazada Layoffs Come Amidst Tougher Competition

Jianggan Li, CEO, Momentum Works

09-Jan-24 07:45

Lazada Layoffs Come Amidst Tougher Competition

Pause
Embed

E-Commerce giant Lazada recently retrenched a large number of staff at its Singaporean and Malaysian operations. This amidst tough competition in the e-commerce space as well as the streamlining of functions to remain agile and adapt to customer trends. We speak to Jianggan Li, CEO of Momentum Works to understand the implications of these layoffs to the sector and how they need to manoeuvre before more competitors enter the market.

Image credit: Lazada.com

Produced by: Anwar Mahbob

Presented by: Wong Shou Ning, Keith Kam, Anwar Mahbob

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories: economy, technology, Corporates

Tags: lazada layoffs, alibaba ipo, shopee, tiktok shop,

Today’s Shows

11:00 AM

Best of Enterprise

(REPEAT) Sandeep Joseph, CEO and Co-Founder of Ampersand Advisory, explores the rise of vibe marketing: campaigns built not just on data and targeting but on mood, emotion, and cultural resonance.

12:00 PM

Just For Kicks

(REPEAT) The pundits discuss Xabi Alonso's future as Real Madrid slumped to a 1-2 defeat against Man City in the Champions League. They also preview Matchweek 16 of the English Premier League.

1:00 PM

A Bit of Culture

(REPEAT) Kam, Mikey and Dhanya gather to talk about children's literature, happiness vs contentment and punctuality on another episode of A Bit of Culture!

2:00 PM

Ringgit & Sense

(REPEAT) Kimberly Law, co-founder and licensed financial planner at Uno Advisers discusses what to do and what not to do with your first salary.

2:30 PM

The Property Show

(REPEAT) Marcus Teng, CEO of PropNex Malaysia, outlines what the Real Property Development Bill could mean for Malaysia’s future housing landscape.

3:00 PM

Best of The Bigger Picture

(REPEAT) Malaysia’s interethnic income inequality story is marked by decades of inconsistent policy focus and overly broad ethnic categories. We speak to Dr Lee Hwok-Aun about a better way to understand and frame the issue.

4:00 PM

Best of Evening Edition

(REPEAT) We unpack the first ever Sentul Biennale with its organiser and artistic director.

5:00 PM

BBC World Service

In this episode of The Life Scientific, Professor Jim Al-Khalili speaks to Mark O’Shea, Professor of Herpetology at the University of Wolverhampton.

PROGRAMMES