SINGAPORE - Navigation app Waze is closing its sales office in Singapore and laying off about 5 per cent of its global workforce as the Covid-19 pandemic has resulted in fewer vehicles on roads in many countries.. Read more at straitstimes.com.
SINGAPORE - Navigation app Waze is closing its sales office in Singapore and laying off about 5 per cent of its global workforce as the Covid-19 pandemic has resulted in fewer vehicles on roads in many countries.
"This has forced us to rethink priorities and we've decided to focus our resources on product improvements for our users, accelerate our investments in technical infrastructure, and re-focus our sales and marketing efforts on a small number of high-value countries," said Mr Bardin. His note said that Waze's advertising sales team will"pare back and focus on the key markets that drive 93 per cent of revenue and carry 95 per cent of kilometres driven we sell in".
As more people work from home and do not have to commute to their offices, Waze is also shrinking its carpool partnerships team."Our narrowed product focus also means we'll reduce our product partnerships and private and public sector teams," said Mr Bardin.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Under Armour to lay off 600 employees globallySportswear maker Under Armour Inc said on Tuesday it will lay off about 600 employees from its global workforce, citing the impact brought on by ...
Read more »
Nearly 75% of Singapore firms accelerating digitalisation due to Covid-19SINGAPORE -The Covid-19 pandemic may have stopped mixed martial arts promotion One Championship from holding large scale fights but the company has figured out how the show can go on:. Read more at straitstimes.com.
Read more »
Online Great Singapore Sale kicks off on Sept 9; experts say more awareness of event neededSINGAPORE - Browse sofas, tables and lamps while hopping between various furniture shops and see how they look like in a living room setting, without leaving home.. Read more at straitstimes.com.
Read more »
About 10% of construction sites inspected since June found with ‘shortcomings’ in safe management measures: BCASINGAPORE: About 10 per cent of the more than 2,500 construction sites inspected since June have had to step up safety measures against COVID-19 ...
Read more »
Singapore's business hub goal needs global talent: ChanSINGAPORE will remain open to top international talent even as the country accelerates its economic transformation efforts and invests in and enhances connectivity to the city-state. Read more at The Business Times.
Read more »