The company, which was established in Singapore in 2014 and had operations throughout Southeast Asia, stated, “We have reviewed the roles within the organization to assess its alignment with our future needs in line with the group’s direction.
“Unfortunately, despite our efforts to minimize impact, we could not avoid layoffs impacting 5 percent of our colleagues in Singapore.” The most recent round of layoffs follows an April layoff of roughly 10% of Ninja Van’s tech staff in the area.
Our expansion into other logistics verticals, such as cold chain and B2B (business-to-business) restock, was announced earlier this year. This was made feasible by our current e-commerce infrastructure and tech-enabled logistics solutions, according to Ninja Van.
The company also stated that workers with transferrable skills had been moved to support the recently introduced logistics verticals.
Ninja Van did not answer questions about the roles eliminated and the total number of employees impacted in Singapore by the most recent round of layoffs.
Its spokesperson, however, said affected employees had received a “reasonable severance package” to support the transition. As part of the package, those affected are given one month of severance pay per full year of employment and garden leave until their last working day.
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