(Reuters) – Singapore-based Grab Holdings is preparing its biggest round of layoffs since the pandemic, Bloomberg News reported on Tuesday, citing people familiar with the matter.
The reductions are set to be announced as soon as this week and are likely to surpass a 2020 round that shrank staff by 5%, or about 360 employees, the report added.
(Reporting by Lavanya Ahire in Bengaluru; Editing by Varun H K)