Shopee Employee Growth Since the Beginning of 2020

Vika Azkiya Dihni 15/06/2022 15:30 WIB

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Shopee aggressively recruited employees from the beginning of 2020 until the third quarter of 2021. However, in the fourth quarter of 2021, the number decreased drastically.

Number of Shopee Employees (Q1 2020 - Q1 2022)

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Number of Shopee Employees (Q1 2020 - Q1 2022)

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Shopee is reportedly conducting mass layoffs across its international operations, particularly in its ShopeeFood and ShopeePay business lines.

"With increasing economic uncertainty on a broader scale, we believe it is prudent to make difficult but necessary adjustments to improve operational efficiency and focus our resources," said Shopee CEO Chris Feng, as reported by the *Bangkok Post* on Tuesday (June 14, 2022).

Previously, Shopee aggressively recruited employees from early 2020 to the third quarter of 2021.

According to *iPrice* data, in the first quarter of 2020, Shopee had only 4,000 employees. The number then steadily increased in subsequent quarters, reaching 12,322 in the third quarter of 2021.

However, the number of Shopee employees drastically decreased to 6,193 in the fourth quarter of 2021.

In the first quarter of this year, the Singaporean-based marketplace added more employees, but growth was only slightly up by 0.6% (quarter-to-quarter) to 6,232 employees.

(See also: [Shopee's Employee Recruitment Highest Compared to Other Southeast Asian Startups](https://databoks.katadata.co.id/datapublish/2022/06/14/rekrutmen-karyawan-shopee-terbanyak-dibandingkan-startup-lain-di-asia-tenggara))

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."