Tracking layoffs across Asia’s startup ecosystem

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Hello reader,

Whenever someone asks me to pick between hearing the bad news or the good news first, I always pick the bad news. I want to understand what needs to be worked on first – I’m someone who’s at peace when there are no problems left.

Today’s featured premium piece looks at one of the worst news anyone could receive – it’s the latest on the retrenchment numbers across the region’s tech scene. Hopefully, most of those who lost their jobs have been able to pick themselves up.

I’m rooting for you 💪.

Today we look at:

• The latest on layoffs across Asia’s startup ecosystem
• The US$12 million seed round of a US-based recruitment platform
• Other newsy highlights such as Grab and Singtel’s new digibank and the launch of a new NFT-powered play-to-earn game

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Premium summary

Everybody gets knocked down; how quick are you gonna get up?

While I haven’t been laid off before (and I hope I never have to go through that), I know what it feels like to be jobless.

The steady anxiety constantly in the back of your head while you wait for HR departments to call back; the anguish of seeing your first, second, third options reject you; the mental stamina to psych yourself up for the umpteenth interview.

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I wonder if they like to drink cola

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Quick bytes

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