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It is reported that "Southeast Asia Tencent" SEA will reduce employees and close some projects: improving profitability

via:新浪科技     time:2022/9/2 11:02:01     readed:97

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Sina Technology News On the morning of September 2nd, Beijing time, it is reported that two people familiar with the matter revealed that the Singapore Internet giant SEA reported to the game live broadcast platform after reporting a quarterly loss of nearly 1 billion US dollars and closed its development department s project.

People familiar with the matter said that the company's employees were told that the number of employees of their game live broadcast business and development department would be reduced.

The insider said that the staff of the game live broadcast and community application Booyah, a subsidiary of the SEA game department, was told that it would be fired, and the application will no longer be updated. A person familiar with the matter said this means that it will lay off 30 to 40 people.

The insider said that the development department of the technology giant SEA LABS is turning off some of the largest experimental projects and layoffs, including blockchain and public cloud projects.

It is understood that the third person in the situation confirmed that SEA has closed some major projects and fired "dozens of people", saying that this is related to the plan of SEA to improve profitability.

A spokesman for SEA said the company has "made some changes to improve our operating efficiency, which affects multiple positions" and said that he will focus on "the long -term advantage of our ecosystem".

The spokesman refused to disclose how many jobs were affected.

During the epidemic, SEA developed smoothly, but subsequently encountered setbacks, and the stock price fell more than 72%since this year. In March of this year, Sea warned that Garena was influenced by the Indian government's ban.

According to reports, in June this year, SEA was not only layoffs in Southeast Asia, but also in the e -commerce department of Mexico and Latin America.

The technology company listed in New York announced the losses in the second quarter last month. The degree of losses exceeded expectations. The company also revoked this year's e -commerce forecast, resulting in 14%of its stock price. Garena's quarterly paid users in this quarter also decreased by 39%.

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