Category: layoffs

B2B ecommerce, ecommerce, Fashion, layoff, layoffs, Premium Content, Singapore, Startups, zilingo

Zilingo cuts 12% of jobs, puts Singapore office up for rent

Speaking to multiple current and ex-employees, Tech in Asia goes into detail about the company’s struggles as it grapples with…

Acquisition, Alibaba, Bukalapak, canva, East Ventures, funding, gojek, Horizon Quantum Computing, iflix, investment, layoffs, Lazada, Masayoshi Son, News, omise, Podcast, Sequoia, Shiok Meats, Softbank, Startup Snapshot Podcast, synqa, Tencent, the weekly snapshot, wetv

The Weekly Snapshot: News from Gojek, Bukalapak, Lazada, and more

Here’s what you missed from last week’s headlines. Source link

gojek, Grab, Indonesia, layoff, layoffs, News, ride-hailing, Startups, Transportation

Gojek lays off 430 employees; 9% of total headcount

The layoffs are part of a “long-term response to Covid-19” to prioritize its core businesses of payments, transport, and food…

funding, fundraise, Gaming, Investments, ipo, layoffs, Media, Mma, One, One Championship, Premium Content, Profiles, retrenchments, Sports, Startups

Exclusive: One Championship CEO explains what’s next after steep layoffs

Even firms with multibillion-dollar valuations like One Championship are doing layoffs amid Covid-19. Despite this setback, its founder remains optimistic….

alternative credit scoring, credit scoring, EFL, emerging markets, Fintech, layoff, layoffs, Lenddo, LenddoEFL, non-traditional credit scoring, Philippines, Premium Content, Startups

Trouble at LenddoEFL: Staff departures, culture clashes, and a contentious hire

Many employees have been laid off amid a restructuring effort in the past year, and that’s just the tip of…

layoffs, News, One Championship, Startups

One Championship’s layoff letter from CEO Chatri Sityodtong

Earlier today, One Championship announced it’s laying off 20% of its staff amid its US$70 million fundraise. Source link

layoff, layoffs, No Hard Paywall, Opinion, Premium Content, Weekly Commentaries

There’s no such thing as a perfect layoff

What goes up must come down. And hey, even a titan like Alibaba once went through a rough patch. Source…

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FabHotels cuts pay to keep business viable

The decision was made due to the worsening business environment amid Covid-19, says co-founder Vaibhav Aggarwal Source link

AFPI, Akulaku, Covid-19, Deep Dive, Fintech, funding societies, Indonesia, Landscape reports, layoffs, Modalku, OJK, online lending, P2P Lending, Podcast, Startup Snapshot Podcast, Startups, UangTeman

Deep Dive: The woes of Indonesia’s online lending scene

The industry’s rise is fraught with allegations of unethical practices involving both players and regulators. Source link

ecommerce, layoffs, News, Singapore, Startups, startups in singapore, zilingo

Zilingo lays off 5% of global workforce amid restructuring

The company said the move had nothing to do with any Covid-19-related issues. Source link