Foodpanda’s SEA staff face layoffs for second time

Photo credit: Foodpanda

Singapore-based Foodpanda has laid off an undisclosed number of staff.

“As the global macroeconomic environment continues to be challenging, Foodpanda unfortunately had to make the difficult decision to downsize our team. We are doing all we can to support impacted employees during this transition as much as possible,” a spokesperson for the company said in a statement sent to Tech in Asia.

It appears that many of the affected staff were based in Malaysia, as per a number of LinkedIn posts. However, Foodpanda has laid off staff across the Southeast Asian markets it operates in, a source told Tech in Asia.

The food delivery firm declined to disclose any further details when questioned.

The company also said that no riders were cut in this round of cuts, the New Straits Times reported.

The move comes after its parent company, Delivery Hero, cut 156 jobs at its Berlin headquarters earlier this month. Days earlier, its Spanish acquisition, Glovo, shrank its headcount by 250.

This is the second round of layoffs that Foodpanda has undertaken recently. Last September, the company conducted a round of cuts across Southeast Asia in pursuit of profitability.

Worldwide, the food delivery segment has slowed down in the past few months. After facing extensive losses, India-based giant Zomato recently pulled out of 225 cities and exited Indonesia.

See also: Tracking layoffs across Asia’s startup ecosystem (Updated)