Downturn strikes swift blow to startup employees
Database started on April 1 shows 800 jobseekers from the startup scene, but just 344 listed openings
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
THE startup scene is feeling the heat of the economic downturn as companies cut staff in an urgent bid to reduce cash burn.
A layoffs database started by venture capital (VC) firms in South-east Asia has swelled to about 800 people seeking new jobs over the span of just two and a half weeks.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance
‘Largest Singapore commercial S-Reit proxy’: analysts say buy CICT shares after Paragon acquisition
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
