🌎 Singapore ∙ 👩 22 employees (11%) ∙ 🖥 Multiple departments
GoBear, an online financial services “supermarket” based in Singapore, laid off 11% of its workforce in early September. The company recently released a GoBear Talent Directory featuring some of its former employees (see link 👇).
GoBear’s layoff affected employees in its operations, product, and technology teams across offices in Singapore, Vietnam, Philippines, and Ukraine. The company now plans to focus on its growth areas of digital lending and insurance brokerage services.
[As an aside, GoBear feels like an ominous name choice for a financial services startup…maybe “bear market” means something different in Southeast Asia? At least their bear is cute!]
Our live Layoffs Tracker has a real-time report of all startups that have done layoffs.