Deliveroo lays off 25% of Singapore staff amid Covid-19 economic downturn
Add BT as a preferred source
Claudia Chong
DELIVEROO is laying off a quarter of its employees in Singapore as the global health crisis and economic downturn continue to impact its business.
This comes after its top executive in Singapore, Siddharth Shanker, left the company to pursue other opportunities, though The Business Times (BT) understands the departure was unrelated to Covid-19.
A total of 20 out of 80 Singapore staff will be affected by the headcount reduction, as part of a global cut that will hit more than 300 workers in several countries. Some employees will also be put on furlough.
TRENDING NOW
Singapore developer in limbo after Timor-Leste’s shock scrapping of major township project
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
US-China summit: Trump sees ‘better’ ties, Xi warns over Taiwan, as talks conclude
That ‘cheap’ Malaysia condo could cost Singapore buyers far more than they think
