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Indonesia’s largest internet company GoTo reduces headcounts by 1,300 or 12%

In an effort to “accelerate its journey towards becoming a truly viable and financially independent business, focused on its core offers of on-demand, e-commerce, and financial technology services,” the company made the move.

In its decision to reduce employees in response to the global economic recession and rising interest rates, GoTo joins a large number of local and international peers.

[Via]

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