Hundreds of developer jobs have been cut in Sea’s Shopee, with a total reduction of about 8 per cent of the developer workforce, according to people familiar with the matter. The slashes have been made as the company pivots to using more AI, following suit with its competitors.
Sea, the Singapore-headquartered operator of online retailer Shopee, is making structural shifts after chief executive Forrest Li declared that a trillion-dollar market capitalisation was possible if his company doubled down on AI, though it is unclear whether the job cuts are directly linked to this initiative.
