Financial services platform GoBear lays off 22 staff, including 6 in Singapore

The 22 people retrenched represent about 11 per cent of GoBear's total workforce of 200 employees. PHOTO: GOBEAR SINGAPORE/FACEBOOK
New: Gift this subscriber-only story to your friends and family

SINGAPORE - Financial services platform GoBear has laid off six employees from its Singapore office, as well as 16 other workers from outlets in Vietnam, the Philippines and Ukraine owing to the impact of the coronavirus pandemic.

Three of the six employees retrenched here were locals, it said on Tuesday (Sept 1). Four were axed in the Philippines, nine in Vietnam and three in Ukraine.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.