Page 5 - Andre Soelistyo News Today

GoTo said on-demand services, including ride hailing and food delivery, achieved positive contribution margin in September, “several months ahead of...

Joining a wave of tech layoffs, Indonesia's biggest tech company on Friday said it was laying off 1,300 workers, or 12% of its workforce.

In the Jan-Sept period, however, the company's losses nearly doubled.

PT GoTo Gojek Tokopedia Tbk’s management is trying to ensure that the employees affected by employment termination (PHK) are compensated as per the laws ...

GoTo Group is cutting 1,300 jobs, or 12% of its workforce, it informed staff early Friday, as Indonesia’s largest internet company attempts to trim costs and improve finances.

For GoTo, employee expenses are higher than other costs.

Indonesia's biggest Internet company Goto has cut 1,300 jobs, or 12 per cent of its workforce, citing efforts to reduce costs and improve finances.According to TechCrunch, GoTo joins scores of local and global peers in its decision to cut the ...

According to TechCrunch, GoTo joins scores of local and global peers in its decision to cut the workforce to navigate the economic slowdown and rising interest rates. �� GoTo Layoffs: Internet Company Cuts 1,300 Jobs To Reduce Costs and Improve Finances.

GoTo has brought its breakeven guidance forward by three to four quarters.

Gross revenue stood at 10.73 trillion rupiah in H1, up 49% from a year ago.