FASHION commerce and technology startup Zilingo has laid off 11 employees in Singapore as part of a 12 per cent global cut to its staffing, and put its Singapore office up for rent.
The company, which is backed by investors such as Temasek, EDBI and Sequoia Capital, had made under 5 per cent of its 796-strong workforce redundant in April, The Business Times reported then.
About 35 employees in Singapore were affected in the first wave; the second wave of 11 were told to go at the end of June, sources...