Garena laying off hundreds

1 year 7 months ago

Garena is laying off hundreds of people in its Shanghai offices, sources have told Reuters.

The Free Fire developer is just one of a number of business units that parent company Sea Ltd. is making cuts to after it posted $931 million in quarterly losses last month.

The Garena cuts are said to represent 15% of the staff in Shanghai. Alongside the job losses, multiple new games have been shelved.

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Author
Brendan Sinclair