Singapore, June 21 (Ians) Grab Holdings, Southeast Asia’s leading ride-hailing and food delivery app, is slashing 1,000 jobs, about 11 per cent of its workforce.
According to Grab CEO Anthony Tan, the move is to manage costs and remain competitive in a challenging business environment, reports Nikkei Asia.
“I want to be clear that we are not doing this as a shortcut to profitability,” CEO Anthony Tan wrote in a memo to employees.
“Over the past couple of years we’ve been consistent in managing costs tightly in all areas of our operations and on improving platform efficiency,” he added.
The company did not reveal which roles are being slashed.
The Singapore-based company had 9,942 employees at the end of 2022.
“While important, our profitability milestone is only a step in a longer journey. Our focus is on what comes after,” said Tan.
“We must combine our scale with nimble execution and cost leadership,...
According to Grab CEO Anthony Tan, the move is to manage costs and remain competitive in a challenging business environment, reports Nikkei Asia.
“I want to be clear that we are not doing this as a shortcut to profitability,” CEO Anthony Tan wrote in a memo to employees.
“Over the past couple of years we’ve been consistent in managing costs tightly in all areas of our operations and on improving platform efficiency,” he added.
The company did not reveal which roles are being slashed.
The Singapore-based company had 9,942 employees at the end of 2022.
“While important, our profitability milestone is only a step in a longer journey. Our focus is on what comes after,” said Tan.
“We must combine our scale with nimble execution and cost leadership,...
- 6/21/2023
- by Agency News Desk
- GlamSham
Twitch and Xbox’s independent publishing program ID@Xbox joined together on Friday for an indie showcase featuring over 60 games, including 20 that will launch day one on Xbox Game Pass.
Among the familiar titles in the latter group was the open world, coming-of-age exploration game Sable, from Swedish publisher Raw Fury and North London-based developer Shedworks. Also from Raw Fury (and Canadian developer EggNut) was the noir role-playing detective adventure game Backbone, included in the list of games headed to Xbox Game Pass; along with Way to the Woods, from solo developer Anthony Tan at One Pixel Dog.
Dungeon crawler Boyfriend Dungeon from Montreal-based ...
Among the familiar titles in the latter group was the open world, coming-of-age exploration game Sable, from Swedish publisher Raw Fury and North London-based developer Shedworks. Also from Raw Fury (and Canadian developer EggNut) was the noir role-playing detective adventure game Backbone, included in the list of games headed to Xbox Game Pass; along with Way to the Woods, from solo developer Anthony Tan at One Pixel Dog.
Dungeon crawler Boyfriend Dungeon from Montreal-based ...
- 3/26/2021
- The Hollywood Reporter - Film + TV
Twitch and Xbox’s independent publishing program ID@Xbox joined together on Friday for an indie showcase featuring over 60 games, including 20 that will launch day one on Xbox Game Pass.
Among the familiar titles in the latter group was the open world, coming-of-age exploration game Sable, from Swedish publisher Raw Fury and North London-based developer Shedworks. Also from Raw Fury (and Canadian developer EggNut) was the noir role-playing detective adventure game Backbone, included in the list of games headed to Xbox Game Pass; along with Way to the Woods, from solo developer Anthony Tan at One Pixel Dog.
Dungeon crawler Boyfriend Dungeon from Montreal-based ...
Among the familiar titles in the latter group was the open world, coming-of-age exploration game Sable, from Swedish publisher Raw Fury and North London-based developer Shedworks. Also from Raw Fury (and Canadian developer EggNut) was the noir role-playing detective adventure game Backbone, included in the list of games headed to Xbox Game Pass; along with Way to the Woods, from solo developer Anthony Tan at One Pixel Dog.
Dungeon crawler Boyfriend Dungeon from Montreal-based ...
- 3/26/2021
- The Hollywood Reporter - Movie News
Microsoft’s E3 presentation this year was a huge one with appearances from some of the most anticipated games including Cyberpunk 2077 and Halo: Infinite. Microsoft also revealed what they’ve got in store for the next generation on gaming, as well as a new streaming service that allows you take the Xbox gaming experience wherever you go.
Blair Witch
One of the first games to be shown in Xbox’s E3 briefing was a game adaption of the Blair Witch Project (1999). The psychological horror game will be in first person and will be hugely atmospheric. The story will take place in 1996, after a young boy disappears in a forest. As Ellis, a former police officer, you and your trusty dog Bullet join the search and venture deep into the woods but soon find yourself in an endless nightmare as you confront the Blair Witch. Developed by Bloober Team, the team...
Blair Witch
One of the first games to be shown in Xbox’s E3 briefing was a game adaption of the Blair Witch Project (1999). The psychological horror game will be in first person and will be hugely atmospheric. The story will take place in 1996, after a young boy disappears in a forest. As Ellis, a former police officer, you and your trusty dog Bullet join the search and venture deep into the woods but soon find yourself in an endless nightmare as you confront the Blair Witch. Developed by Bloober Team, the team...
- 6/10/2019
- by Blythe Hall
- The Cultural Post
Studio Happy Bee and in particular 16-year-old developer Anthony Tan have hit the headlines today after publisher Team17 acquired their beautiful adventure game Way to the Woods, focusing on the intimate story of two wayward deer.
As the creative mind behind the intriguing title, Tan earned a place in the limelight late last year when the first screenshots for the game surfaced on the front page of Reddit. Ways of the Woods even caught the eye of Hello Games alum Sean Murray – one of the key driving forces behind No Man’s Sky, no less – who has been championing for some time.
Wow! Way To The Woods is the most gorgeous thing you’ll see today. Developer is 16 https://t.co/3HVutlxe7Q pic.twitter.com/fU4AT0Twf2
— Sean Murray (@NoMansSky) December 10, 2015
Following today’s announcement, Anthony Tan will be joined by Team17 composer Jeremy Warmsley as Way to...
As the creative mind behind the intriguing title, Tan earned a place in the limelight late last year when the first screenshots for the game surfaced on the front page of Reddit. Ways of the Woods even caught the eye of Hello Games alum Sean Murray – one of the key driving forces behind No Man’s Sky, no less – who has been championing for some time.
Wow! Way To The Woods is the most gorgeous thing you’ll see today. Developer is 16 https://t.co/3HVutlxe7Q pic.twitter.com/fU4AT0Twf2
— Sean Murray (@NoMansSky) December 10, 2015
Following today’s announcement, Anthony Tan will be joined by Team17 composer Jeremy Warmsley as Way to...
- 1/28/2016
- by Michael Briers
- We Got This Covered
IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.