For subscribers
Asian Insider
From take-off to layoff: Indonesian unicorns not immune to global tech trends
Sign up now: Get ST's newsletters delivered to your inbox
GoTo, which went public in April 2022 with a US$1.1 billion stock sale, is among the Indonesian unicorns that have had to cut jobs.
PHOTO: GOTO
Follow topic:
JAKARTA – When she and her colleagues at GoTo were invited to a town hall on Nov 18, 2022, Ms Windy Yulanda Sari did not make much of it, thinking it was just another meeting.
But it was then that Ms Windy, who was working in a logistics subsidiary of the Indonesian technology unicorn, found out that she was among 1,300 employees who would be laid off.
