Friday, 24 March, 2023

Indonesia’s GoTo To Cut 1,300 Jobs Or About 12% Of Its Headcount

<p>The largest internet firm in Indonesia, GoTo Group, told staff early on Friday that it would be laying off 1,300 employees, or 12% of its workforce, in an effort to reduce expenses and strengthen its bottom line. The move, according to a GoTo spokesperson, is a part of the company&#39;s ongoing efforts to &quot;accelerate its progress towards becoming a truly sustainable &amp; financially independent business, focused on its core offerings of e-commerce, and fin-tech services.&quot;</p>