Ex-employees were offered two weeks for every one year that they were employed, when “the norm is one month’s salary for each year of service”, according to MOM.
The Edge Singapore first reported on layoffs at Lazada’s Singapore office on Jan 3, which affected junior and senior employees from multiple departments, including the commercial and marketing teams.
While it is unclear how many employees have been laid off so far, the retrenchment exercise could last until Jan 5. One affected employee from Lazada Singapore, who asked to remain anonymous, tells The Edge Singapore that meeting rooms have been reserved by HR from Jan 3 to Jan 5.