Grab lays off 1000 staff – Read the Email from CEO Anthony Tan to his employees
As many of you would have heard by now, Grab has announced that they will be laying off 1,000 employees, or 11% of their workforce. My heart goes out to all the employees affected. Background on the layoffs at Grab As you recall, in 2022 when other tech companies like SEA (Shopee) were laying […]
DBS CEO sells $3.4 million shares – Why I am not buying this bank at 5.5% dividend yield
Imagine my surprise when I saw the headline this week: “DBS chief Piyush Gupta sells $3.4 million worth of shares in bank” And this was the Straits Times mind you. So I continued reading, and here’s what the article said (emphasis mine): “DBS Group Holdings chief executive Piyush Gupta has sold 100,000 shares in […]
