Prosus to Cut 30% of Corporate Staff in Latest Tech Layoffs
- Prosus CEO says cuts will help company turn a profit by 2025
- Prosus joins firms from Amazon to Google in slashing headcount
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Amsterdam-listed Prosus NV and its parent Naspers Ltd. are planning to cut their corporate workforce by 30%, becoming the latest global tech company to announce layoffs.
The firm, one of Europe’s largest e-commerce companies by asset value, will make cuts at its corporate centers, including hubs in Hong Kong, Amsterdam and South Africa, Chief Executive Officer Bob van Dijk said in an interview Wednesday. The job cuts are taking place over a 12 month-period and about 15 locations will be affected, he said.