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Fashion Tech Platform Zilingo Lays Off 44, Tables Expansion Plans

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Zilingo, a Singapore-based B2B fashion technology platform, has laid off 44 of its 900 global employees as part of a company-wide restructuring measure to refocus on Asia and emerging markets. In cutting nearly 5 percent of its workforce, the company is streamlining its business to focus on profitability and putting expansion efforts on hold in…

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