Crossborder Ecommerce Firms Cut Jobs Amid Struggles
The cross-border e-commerce industry is facing a downturn, with a potential wave of bankruptcies following the layoffs. Sellers should operate cautiously, avoid excessive competition, maintain their rankings, and actively transform their businesses to meet the challenges and prepare for the industry's recovery. As the global economy eventually recovers and market demand gradually rebounds, cross-border e-commerce sellers should proactively address challenges, adjust their business strategies, and enhance their competitiveness to be ready for the industry's resurgence.
