ConsumerMY

Kaodim Layoffs

June 2022

Kaodim announced a layoff affecting 0 employees (100% of its workforce) in June 2022. The company operates in the Consumer sector.

People Affected

Percentage

100%

Announced Date

Jun 2, 2022

About

Malaysian startup Kaodim, a home services platform in the gig economy, is shutting down entirely on July 1, 2022, resulting in the layoff of its entire workforce. The company, founded in 2014, cited insurmountable challenges including the prolonged impact of Covid-19 lockdowns, which caused operational disruptions, labor shortages, and significantly higher running costs that degraded its service quality and business viability.