Travel startup Klook to cut staff; co-founders ditch pay
Add BT as a preferred source
Claudia Chong
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘We’ve seen the worst-case scenario’: How Indonesia’s Cinema XXI navigated crisis and change
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
S-E Asia tourism takes hit from Middle East crisis, but intra-regional travel could spell hope
Auditors flag uncertainty on Katrina Group’s ability to continue as a going concern
