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2023-01-25 16:59:20

Prosus, Naspers cutting 30% of jobs at corporate offices

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Channel NewsAsia
By Cna

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AMSTERDAM : Prosus NV and its South African parent Naspers are cutting up to 30 per cent of jobs at their corporate offices, the Dutch technology investor said.

The companies are the latest major technology-based firms to make layoffs, after Google parent Alphabet's big cuts announced last week.

"We are adapting to a changing macro environment and have been working for some time to strengthen our cost structures," a Prosus spokesperson said in a statement on Wednesday.

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