Fintech startup GoBear axes 22 staff, including six in Singapore

Singapore

GOBEAR has laid off 22 staff across its offices in Singapore, Vietnam, Ukraine and the Philippines, as a result of the "ongoing impact" of the Covid-19 pandemic on its business.

This came shortly after its new chief financial officer (CFO) Kent Huang joined the Singapore-headquartered financial services platform, although The Business Times (BT) understands that his appointment was not related to the retrenchment exercise.