TransportationSG

Grab Layoffs

June 2023

Grab announced a layoff affecting 1,100 employees (11% of its workforce) in June 2023. The company operates in the Transportation sector.

Share:
People Affected

1,100

Percentage

11%

Announced Date

Jun 23, 2023

Company Information

Industry
Transportation
Country
SG
Region
Singapore, Non-U.S.
Last Updated: Apr 18, 2026

About

Southeast Asian ride-hailing and food delivery app operator Grab laid off over 1,100 employees, about 11% of its staff, as part of cost-cutting measures aimed at achieving profitability. The layoffs were announced this week, with the company citing changes in technology, capital markets, and competition as reasons for the move.

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