Kathmandu, June 7 -- Daraz Nepal has laid off around 30 employees in recent weeks as part of a broader restructuring effort across South Asia, according to company sources and former staff members.

The job cuts come as the Alibaba-backed e-commerce platform seeks to streamline operations and improve profitability amid growing pressure on technology companies to operate more efficiently.

The restructuring coincides with the departure of Daraz Nepal Managing Director Aanchal Kunwar, who will step down on July 1 after four and a half years in the role. She will continue to serve as an adviser until December 31, according to the company.

Ben Yi, currently managing director of Daraz Bangladesh, will take over as acting managing director of ...