As early as 2018, when Uber merged with his rival Grab, Singaporeans believed that his chapter in Singapore was finally closed.
The truth is that they have never really left Singapore – at least when it comes to the headquarters.
In fact, in April last year, the company unveiled its new regional Asia Pacific hub at Frasers Tower in the heart of Tanjong Pagar to the local media (including us).
Uber then clarified that "Singapore is a non-operational market for them" and that the hub manages operations in nine regional countries, including Japan, Hong Kong, Taiwan, India and Australia.
Uber announced today (May 19) that the company will leave its APAC headquarters in Singapore within the next 12 months as its business has been severely impacted by the Covid 19 virus outbreak.
The hub, which employs 165 people from Singapore, will be relocated to another location in the region. Uber did not go into this further.
Beyond this impending closure, however, Uber will fire another 3,000 employees worldwide and discontinue some of its investments that are not related to its core business of hailing and delivery.
This is the second cut this month. On May 6, Uber fired around 3,700 full-time employees from customer care and recruitment teams.
The first round of layoffs had cost the company approximately $ 20 million in severance and other severance payments.
In connection with the latest round of layoffs, the number of employees worldwide will be reduced by about a quarter.
"Given the dramatic impact of the pandemic and the unpredictable nature of a possible recovery, we are focusing on our key mobility and delivery platforms and adapting the size of our company to the realities of our business," said Dara Khosrowshahi, CEO of Uber.
"As I told our teams today, we are now making these difficult decisions so we can go forward and rebuild with confidence."
Selected image source: Uber