Deliveroo cuts staff, Grab pushing no-pay leave to slash costs
Deliveroo axes a quarter of Singapore staff; Grab asks staff to take no-pay leave
Add BT as a preferred source
Claudia Chong
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.
TRENDING NOW
Simba ordered to pay S$700,000 in damages to indoor skydiving operator Altitude Xperience for trespass
Apex court dismisses almost all of the appeals by Envy’s ex-employees over S$38 million of clawbacks
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
Singapore Airlines plans debut 5-year dim sum bond
