Singaporean superapp Grab delivers massive job cuts
Singaporean superapp Grab has revealed it will lay off 1,000 staffers, or eleven percent of its workforce – and did it with an after-hours email.
But he was probably doing it to avoid a terrible scene in the office, in which fired and retained staff mingled and almost certainly moaned or departed to the pub for the afternoon. That would not have helped productivity for the rideshare, food delivery, financial services and mapping services upstart – which dominates South East Asia so thoroughly that Uber decided it was better off joining Grab than trying to compete with it.
He went on:"We must adapt to the environment in which we operate. Change has never been this fast. Technology such as generative AI is evolving at breakneck speed. The cost of capital has gone up, directly impacting the competitive landscape."
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Edinburgh Castle hits back after tourist brands it 'ridiculously expensive'A tourist who visited Edinburgh Castle earlier this month left a scathing online review that slammed it as a 'cynical cash grab'.
Consulte Mais informação »
Super Formula: Sugo strategy error costs Liam Lawson dearlyRed Bull junior Liam Lawson hopes of winning the Super Formula title this year were dealt a blow with a frustrating fifth-place finish at Sugo. A miscommunication with his team lies at the heart of the Kiwi\u2019s most disappointing weekend in Japan so far.
Consulte Mais informação »
SUPER GT: Honda Civic GT500 set for July public test debutHonda's Civic Type R-based GT500 challenger that replaces the NSX-GT in SUPER GT next year will make its public test debut next month as part of a GTA-organised event at Okayama, Motorsport.com has learned.
Consulte Mais informação »
Bargain hunters spot super deals in Asda - and prices go as low as just 12pASDA fans are going wild after spotting incredible deals in time for summer, with prices starting at a mere 12p. Asda have long been a customer favourite – and it looks like this time the ret…
Consulte Mais informação »
The 'Super Racist Stuff' Behind the DOJ Report on Minneapolis PoliceEach report involved interviews with more than 2,000 people, and describes a police agency rife with excessive force, racial profiling, lack of accountability, and military-style training
Consulte Mais informação »