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Carousell Co-founder's Departure
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Carousell co-founder Lucas Ngoo steps down from managing day-to-day operations after 11.5 years, remaining as a co-founder, board director, and advisor. The company, founded in 2012, expanded in Southeast Asia through acquisitions and faced layoffs and cost-cutting measures.
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How might Lucas Ngoo's departure impact Carousell's operations and market position?
How might the departure of a co-founder affect the company's culture and innovation?
What strategies could Carousell employ to recover from the layoffs and cost-cutting measures?
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