Downturn strikes swift blow to startup employees
Database started on April 1 shows 800 jobseekers from the startup scene, but just 344 listed openings
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.
TRENDING NOW
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Rare brutalist Singapore house opens to the public before changing hands