Shopee rolls out spending caps for all employees, including economy-only flights and $30 meals, as the company braces for layoffs and financial trouble

Ecommerce giant Shopee is bracing for financial trouble. NurPhoto / Contributor / Getty images On September 15, Shopee CEO Forrest Li told employees the company would be restricting expense policies. Layoff conversations began September 19, affecting a low-single-digit percentage of Shopee employees. Shopee parent Sea Limited raised $ 6 billion in 2021, but now faces […]