FILE PHOTO: Bjarke Mikkelsen, CEO of the e-commerce retail platform Daraz, speaks with Reuters during an interview in Islamabad, Pakistan November 24, 2021. Picture taken November 24, 2021. REUTERS/Asif Shahzad
KARACHI, PAKISTAN (Reuters) -Alibaba-owned e-commerce platform Daraz Group is reducing its workforce in the Indian subcontinent by 11% due to the 'current market reality', Chief Executive Officer Bjarke Mikkelsen said, suggesting job losses that could affect about 300 people.
Daraz confirmed to Reuters that the cuts will affect a base of 3,000 full-time regional employees.
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