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Grab axes 360 employees in latest cost cutting measure, says this will be 'last organization-wide layoff' for the year

Uma Devi
Uma Devi • 3 min read
Grab axes 360 employees in latest cost cutting measure, says this will be 'last organization-wide layoff' for the year
In a letter to employees on Tuesday morning, Grab CEO Anthony Tan said that it has become clear that the pandemic will likely result in a prolonged recession, and Grab has to brace for what may be a long recovery period.
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