european layoffs News

Amazon Meta Cut Jobs Amid Economic Challenges

The US tech industry is experiencing a "layoff wave," with Amazon's massive job cuts being a prime example. Slowing growth and declining profits are forcing companies to reduce costs and improve efficiency. Meta and other companies have also implemented large-scale layoffs. Faced with macroeconomic headwinds, tech companies need to optimize their cost structures, enhance risk awareness, adjust talent structures, and seek breakthroughs through technological innovation, diversification, refined operations, and talent development.

01/16/2026 Logistics Industry Insights

Banggood Scales Back As Crossborder Ecommerce Market Cools

The partial suspension of Banggood's operations in Guangzhou reflects the severe challenges facing the cross-border e-commerce industry. Due to factors like a deteriorating external environment and weak market demand, many companies are adopting measures such as business contraction and layoffs to survive. To enhance competitiveness and weather the industry downturn, businesses should focus on refined operations, diversified market strategies, strengthened supply chain management, embracing digital transformation, and closely monitoring policy changes.

01/16/2026 Logistics Industry Insights

US Manufacturing PMI Drops Signaling Economic Slowdown

The US Manufacturing PMI continues to contract, hitting a 12-month low, characterized by weak demand, sharp order declines, and rising layoffs. Underlying causes include high inflation and high interest rates. Despite these challenges, some sectors are still experiencing growth. Governments and businesses must collaborate to control inflation, improve efficiency, and strengthen cooperation to mitigate recession risks. This requires proactive measures to address the underlying economic pressures and foster a more resilient manufacturing sector.

01/19/2026 Logistics Industry Insights

Voghion Helps Chinese Sellers Expand in Europes Ecommerce Boom

The European e-commerce market presents significant potential. Voghion, a one-stop e-commerce solution platform focused on the European market, helps Chinese sellers seize opportunities and tap into the blue ocean of European e-commerce. It achieves this through precise market positioning, efficient logistics services, intelligent marketing strategies, and a strong user reputation. Voghion empowers sellers to succeed in the European market by providing the necessary tools and support for growth and profitability.

01/05/2026 Logistics Industry Insights

Crossborder Ecommerce Firms Cut Jobs Restructure Amid Downturn

The cross-border e-commerce industry is experiencing a downturn, marked by frequent layoffs, salary reductions, and work stoppages. Platform giants like Amazon are also scaling back operations to reduce costs and increase efficiency. Simultaneously, emerging platforms like Pinduoduo are presenting new opportunities and challenges. Companies need to streamline operations and improve profitability, while employees must enhance their skills to adapt to the changing landscape. The industry is undergoing a significant transformation, demanding resilience and adaptability from all stakeholders.