GoBear lays off 22 employees across four countries

A bulk of them were from its Vietnam office.

GoBear has announced it had to lay off 22 staff from its offices in Singapore, Vietnam, the Philippines and Ukraine, it said in a statement.

Broken down, six were let go in Singapore, four were from the Philippines, nine from Vietnam, and three from Ukraine. Affected employees were spread across GoBear’s operations, product, and technology teams, representing 11% of its total workforce.

Outgoing employees will be provided with post-employment support such as severance packages, job search tools, profile and CV building, and government support details.

In the past months, GoBear has been halting non-essential projects, slashing fixed costs and software licences to lower costs, the firm claimed.