GoTo Implements Business Strategy Renewal, Lays off 600 Employees!
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| GoTo Lays off 600 Employees |
"Unfortunately, these adjustment steps will affect around 600 positions in the GoTo ecosystem," he said in a written statement, Friday, March 10, 2023
This layoff follows a similar action taken at the end of last year when around 1,300 GoTo employees were let go.
According to Koesoemohadiani, a spokesperson for GoTo, the company has made several adjustments to update its business strategy, resulting in the need for a more streamlined organization that is better equipped to respond to market demand.
"For example, we redesigned the offline merchant business at GoTo Financial and brought together two offline merchant teams. Adjustments like this will help us provide better service to merchants, while reducing costs," said Koesoemohadiani.
As an example, the company has redesigned its offline merchant business in GoTo Financial and merged two offline merchant teams.
This restructuring will help the company provide better services to merchants while also reducing costs.
The company has also reviewed its priorities and will scale back or delay non-core business activities and initiatives.
For instance, some parts of Mitra Tokopedia services will be reduced to allow the company's resources to focus on activities that will have a greater impact.
Additionally, given the decrease in recruitment needs, the company has also restructured its recruitment team.
"And in conditions where the need for recruitment decreases, we also restructure the recruitment team," he concluded.***
