Talent & Tech Asia Summit 2024
human resources online

honestbee lays off 38 employees in effort to streamline the business

Online grocery and delivery company, honestbee is laying off 38 employees in Singapore.

As a result of the firm's reduced operations globally, the company has made a decision to rightsize the company in order to cut costs and streamline its business.

The staff departures are not reflective of their performance, but rather due to the restructuring of the business operations in Singapore, an honestbee spokesperson told Human Resources Online.

The spokesperson said: "The move is necessary to ensure that the company has the right structure in place for long-term stability and success. The roles affected are mainly in operations and engineering. Employees will be asked to serve their notice period as per their contract."

Human Resources Online also understands that no severance package will be given, but honestbee intends honour salaries as per their notice period stated in their individual contracts.

Additionally, honestbee is working through the Employability Institute (e2i) to help affected staff find alternative employment if required.

Photo / honestbee

Follow us on Telegram and on Instagram @humanresourcesonline for all the latest HR and manpower news from around the region!

Related topics

Related articles

Free newsletter

Get the daily lowdown on Asia's top Human Resources stories.

We break down the big and messy topics of the day so you're updated on the most important developments in Asia's Human Resources development – for free.

subscribe now open in new window