US EditionNinja Van Cuts 12% of Singapore Workforce in Latest Round of Layoffs
Ninja Van plans to raise US$80 million amid a halved valuation, with layoffs including 10% of its tech team and extended employee benefits through 2025.
Summary by Channel News Asia
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3 Articles
Ninja Van lays off 12% of local workforce in latest restructuring exercise
SINGAPORE: Singapore-based logistics company Ninja Van has laid off about 12% of its local staff, in what it described as part of a long-term plan to strengthen its business model and ensure sustainable growth. In a statement issued on Tuesday (12 Aug), the company said it had “strategically restructured” its team and reviewed all positions […]
·Singapore
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Total News Sources3
Leaning Left0Leaning Right1Center1Last UpdatedBias Distribution50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
50% Right
C 50%
R 50%
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