Fashion Startup Pomelo Cuts 8% of Staff as Asia Layoffs Spread

Thai e-commerce startup Pomelo Fashion Pte is cutting staff across its functions, joining other tech firms downsizing this year in a bid to withstand an economic slowdown.
The online fashion retailer cut about 55 employees, or 8% of its headcount, it said in a statement on Thursday in response to queries by Bloomberg News. The company said it streamlined its processes

*Source: https://www.bloomberg.com/news/articles/2022-09-08/fashion-e-commerce-startup-pomelo-cuts-jobs-after-market-slows?leadSource=uverify%20wall