Grab Cuts 5% of Staff as Pandemic Pressure Sets In
17-Jun-20 12:45
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After months of trying to stave off the impact of COVID-19, major companies are now starting to feel the long-term effects of the virus on the economy. Ride-hailing firm Grab has cut 5% of its staff to cope with the increasing pressure of the pandemic. Because the service is tied to the incomes of eateries and other outlets, one has to think about the widespread implications of such layoffs.
Produced by: Arvindh Yuvaraj
Presented by: Jeff Sandhu, Freda Liu, and Arvindh Yuvaraj
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Categories: Business Analysis, Auto, Food, Trends and Forecasts, Markets, SME
Tags: Food, delivery, ride hailing, business,
