Noon lays off 10 per cent of workforce

  • Date: 18-Apr-2023
  • Source: Wamda
  • Sector:Retail
  • Country:Saudi Arabia
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Noon lays off 10 per cent of workforce

Source: Bloomberg

Noon, the Middle East’s answer to Amazon.com Inc., cut about 10% of its workforce to increase efficiency and reduce costs, according to its founder Mohamed Alabbar. 

The layoffs at the Dubai-based e-commerce firm included roles in marketing and advertising, as well as in other departments, Alabbar said in an interview.