Foodpanda has confirmed to MARKETING-INTERACTIVE that it’s making job cuts to a few of its groups. Whereas the corporate didn’t specify which groups might be impacted and if there might be any senior management adjustments, its spokesperson mentioned it’s supporting impacted workers to assist them via this transition, via worker help programmes and prolonged insurance coverage and advantages.
“To our impacted colleagues – we’re very sorry we allow them to down; we’ll eternally be thankful for their contributions and dedication to foodpanda,” the corporate added. Foodpanda has been working in Asia for the previous 10 years and the spokesperson mentioned that it desires to proceed contributing to its digital future. “With Supply Hero’s clear goal to turn into EBITDA-positive, there’s a essential want now to scale back prices and transfer to profitability to stay aggressive,” the spokesperson added. A test on LinkedIn by MARKETING-INTERACTIVE discovered that there are over 12k workers in foodpanda.
This information comes a couple of months after it launched its regional headquarters in Singapore and the foodpanda PowerUp! Tech Academy. Its regional headquarters homes 1,200 workers from its regional and native operational groups in addition to the corporate’s international hub. The foodpanda PowerUp! Tech Academy will use its mother or father firm Supply Hero’s international data base in Singapore to energy the tech and innovation ecosystem. On the similar time, it additionally appointed its Singapore MD, Lawrence Wen, who’s tasked to speed up the expansion of foodpanda Singapore’s enterprise throughout totally different verticals.
Foodpanda will not be the one firm to be making job cuts in current occasions. Simply final week, Garena is reportedly making job cuts, with about 30 to 40 jobs being probably redundant. On the similar time, it is usually halting its recreation livestream platform and axing tasks at its growth unit Sea Labs. Its sister firm Shopee additionally made regional job cuts throughout Indonesia, Thailand, Vietnam, in addition to Mexico, Chile, and Argentina. It additionally pulled out of Spain in June.
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