In April 2020, Southeast Asian budget hotel network RedDoorz laid off a significant portion of its workforce as part of drastic cost-cutting measures to survive the COVID-19 pandemic's severe impact on the travel and hospitality industry. While the exact number of employees affected was not publicly detailed, the layoffs were described as substantial and necessary to extend the company's financial runway. The move was part of a broader trend among regional startups, where investors advised that budget cuts and furloughs were inevitable for survival amid the global crisis.
