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    Home » Reuters reveals Grab to implement cost cuts, cites uncertain macroeconomic situation
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    Reuters reveals Grab to implement cost cuts, cites uncertain macroeconomic situation

    AdmincryptBy AdmincryptDecember 15, 2022No Comments1 Min Read
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    Business & Finance

    15 December 2022, 6:23 pm. 1 minute

    Reuters was first to report Grab Holdings, Southeast Asia’s biggest ride-hailing and food delivery firm, is cutting more costs to cope with an uncertain economic backdrop, the Singapore-based company’s CEO told staff in a memo. The measures include a freeze on most hiring, salary freezes for senior managers and cuts in travel and expense budgets. 

    Article Tags

    Topics of Interest: Business & Finance

    Type: Reuters Best

    Sectors: Business & Finance

    Regions: Asia

    Countries: Malaysia

    Win Types: Exclusivity

    Story Types: Exclusive / Scoop

    Media Types: Text

    Customer Impact: Significant National Story



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    Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Given Average Recommendation of “Hold” by Brokerages

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