SINGAPORE -- As Southeast Asian tech companies brace for a tougher business environment, they are borrowing from the U.S. industry's latest playbook: mass layoffs.
Region's platforms hit brakes on aggressive hiring amid market chill

The region's largest tech platforms have reduced their total workforces by as much as 10% this year, with some signaling even further cuts. © AFP/Jiji
SINGAPORE -- As Southeast Asian tech companies brace for a tougher business environment, they are borrowing from the U.S. industry's latest playbook: mass layoffs.