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370 Grab will not replicate Shopee’s mass layoff amidst a weaker economy

Tech Wire Asia
Dashveenjit Kaur @ Tech Wire Asia · 09/26/2022 00:15 EDT

Grab will not replicate Shopee’s mass layoff amidst a weaker economy

Southeast Asia’s biggest ride-hailing and food delivery firm, Grab, is selectively hiring to conserve capital, and to avoid walking down the layoff path. Grab is expected to provide details of its progress towards profitability and other metrics at its first investor day later this week. Interest rates are rising, economic uncertainty is still looming and... Read more »

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