Temasek-backed fashion startup Zilingo lays off about one-third of staff in Singapore
Singapore
TEMASEK-BACKED fashion e-commerce startup Zilingo confirmed late on Friday that it has made redundant less than 5 per cent of its 796-strong global workforce, as part of a "planned company-wide restructuring".
About 35 staff in Singapore were affected, out of a total of 103 full-time employees, according to internal sources.
TRENDING NOW
Simba ordered to pay S$700,000 in damages to indoor skydiving operator Altitude Xperience for trespass
Apex court dismisses almost all of the appeals by Envy’s ex-employees over S$38 million of clawbacks
Singapore Airlines plans debut 5-year dim sum bond
Indonesia unveils 26.34 trillion rupiah stimulus to offset external shocks and rupiah slide