JAKARTA -- Indonesia's Bukalapak has become the latest Asian internet startup to shift gears from go-go to go-slow with a round of job cuts as investors increasingly demand that e-commerce companies focus on profitability instead of growth.
Job cuts at Indonesia's fourth-biggest unicorn marks latest downsizing by major startup

Indonesian online retailer Bukalapak cut around 100 jobs as the company shifts focus toward sustainability. (Photo by Erwida Maulia)
JAKARTA -- Indonesia's Bukalapak has become the latest Asian internet startup to shift gears from go-go to go-slow with a round of job cuts as investors increasingly demand that e-commerce companies focus on profitability instead of growth.