Singapore

TECH firms Deliveroo and Grab are trimming costs by cutting staff and getting workers to go on no-pay leave, as the novel coronavirus outbreak continues to batter their businesses.

Deliveroo is laying off a quarter of its employees in Singapore amid the downturn. This comes after its general manager in Singapore, Siddharth Shanker, left the company to pursue other opportunities; The Business Times (BT) understands his departure is unrelated to Covid-19.