Shein Announces Layoffs at Singapore Headquarters Amid Business Restructuring
Shein, the Chinese-founded fast-fashion powerhouse known for its moderately priced, modern clothing, has confirmed the layoff of more than two dozen employees at its Singapore headquarters. Declared on Wednesday, this measure is part of a bigger reorganization initiative aimed to match the company’s evolving global ambitions by aligning its worldwide IT research and development (R&D) center. The news lands at …