The Business Times
business-time-50

Travel startup Klook to cut staff; co-founders ditch pay

google-preferred-sourceAdd BT as a preferred source
Claudia Chong

Claudia Chong

Published Wed, Apr 22, 2020 · 09:50 PM

    Singapore

    TRAVEL booking startup Klook will be laying off staff, putting some employees on temporary leave and implementing a company-wide reduced work week to cut costs amid the pandemic.

    The co-founders of the Hong Kong-based firm had also stopped taking a salary since February, and will continue to do so until the crisis is over.

    KlookTech layoffsCovid-19

    TRENDING NOW

    (From left) Dushan county’s ambitious Shuisi Building project and an unfinished, full-scale replica of the Titanic in Daying county.

    Abandoned ‘Titanic’, failing ‘ancient towns’: Why China’s tourism boom leaves white elephants behind

    Siranudh Scott had caused an internet sensation with a video accusing his brother of allegedly abusing him during his childhood years.

    ‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse

    Saudi Arabian Prince Alwaleed Talal first threw his lot in with Elon Musk in 2022.

    SpaceX surge further boosts Saudi billionaire prince’s fortune

    Total employment's expansion in Q1 is underpinned by stronger resident employment gains.

    Singapore’s total employment growth slows in Q1; job vacancies dip while retrenchments inch up

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More