Grab says it will lay off 360 employees, or just under 5% of staff, as it reduces expenses to deal with an economic downturn from the pandemic (Yoolim Lee/Bloomberg)

Yoolim Lee / Bloomberg:
Grab says it will lay off 360 employees, or just under 5% of staff, as it reduces expenses to deal with an economic downturn from the pandemic  —  - Southeast Asia's biggest startup notifying staff of cuts today  — The firings are latest sign of trouble at SoftBank startups

via Techmeme