OUTLINE: 00:00:00 A Giant Stumbles 00:01:20 Financial Troubles in the Land of Morning Calm 00:02:47 80% Staff Let Go 00:05:26 Former Employees Speak 00:08:18 Life After the Layoffs vulcanpost.com/869626/qoo10-layoff-employees-singapore-financial-woes/ 🚨 **Breaking News from Singapore!** 🚨 In a shocking turn of events, **Qoo10**, the homegrown e-commerce platform, has laid off over **80% of its employees** in Singapore, leaving only **20 staff members** to manage daily operations. 😱💼 Over the past two weeks, nearly **90 out of 110 employees** have been impacted, with reports indicating that they were not offered any severance benefits due to financial constraints. 💔💸 Watch as we dive deep into the details of this massive workforce reduction, the implications for Singapore's job market, and what this means for **Qoo10's future**! 🚀📉 👉 **Key Highlights:** - The layoffs were initiated following troubling reports of Qoo10’s South Korean operations defaulting on payments. 🇰🇷⚠ - The remaining staff mainly consist of senior management, and the office is now eerily quiet with **empty desks**. 🏢😨 - Will Qoo10 shut down completely, or is there hope for a turnaround? 🤷♀💭 Stay tuned for more updates! Don't forget to **like**, **subscribe**, and hit the **notification bell** 🔔 to keep up with the latest news in the Singapore tech and business landscape! 📩 For more stories and insights, visit our website and join our newsletter! #Qoo10 #Singapore #Ecommerce #BusinessNews #Layoffs #Economy #JobMarket #VulcanPost
OUTLINE:
00:00:00 A Giant Stumbles
00:01:20 Financial Troubles in the Land of Morning Calm
00:02:47 80% Staff Let Go
00:05:26 Former Employees Speak
00:08:18 Life After the Layoffs
vulcanpost.com/869626/qoo10-layoff-employees-singapore-financial-woes/
🚨 **Breaking News from Singapore!** 🚨
In a shocking turn of events, **Qoo10**, the homegrown e-commerce platform, has laid off over **80% of its employees** in Singapore, leaving only **20 staff members** to manage daily operations. 😱💼
Over the past two weeks, nearly **90 out of 110 employees** have been impacted, with reports indicating that they were not offered any severance benefits due to financial constraints. 💔💸
Watch as we dive deep into the details of this massive workforce reduction, the implications for Singapore's job market, and what this means for **Qoo10's future**! 🚀📉
👉 **Key Highlights:**
- The layoffs were initiated following troubling reports of Qoo10’s South Korean operations defaulting on payments. 🇰🇷⚠
- The remaining staff mainly consist of senior management, and the office is now eerily quiet with **empty desks**. 🏢😨
- Will Qoo10 shut down completely, or is there hope for a turnaround? 🤷♀💭
Stay tuned for more updates! Don't forget to **like**, **subscribe**, and hit the **notification bell** 🔔 to keep up with the latest news in the Singapore tech and business landscape!
📩 For more stories and insights, visit our website and join our newsletter!
#Qoo10 #Singapore #Ecommerce #BusinessNews #Layoffs #Economy #JobMarket #VulcanPost