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flag Carousell announces layoffs affecting 76 employees to improve long-term sustainability.

flag Carousell, a Singapore-based online marketplace, has announced layoffs affecting 76 employees, or 7% of its workforce, across its regional offices. flag CEO Quek Siu Rui stated the cuts are part of efforts to improve long-term sustainability and realign resources. flag Affected employees will receive severance packages, including at least three months of compensation, extended benefits, and career support services.

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