217 former Honestbee employees owed almost $1m in salary

Embattled start-up's headcount down; key investor and chairman resigns from board

Honestbee currently has 190 employees, down from 523 full-time and 77 part-time workers in Singapore in January, according to an affidavit filed in court on Friday in support of its debt moratorium application.
Honestbee currently has 190 employees, down from 523 full-time and 77 part-time workers in Singapore in January, according to an affidavit filed in court on Friday in support of its debt moratorium application. ST PHOTO: KELVIN CHNG
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Embattled start-up Honestbee's headcount has dropped significantly over the last few months, but more than 200 of its former employees have yet to be paid.

Its chairman Brian Koo, who is one of Honestbee's key investors, has resigned from the board.

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A version of this article appeared in the print edition of The Straits Times on September 24, 2019, with the headline 217 former Honestbee employees owed almost $1m in salary. Subscribe