Business
Unicorn Darling Airbnb Lays Off 25% of Workforce: An Employee’s Account of What Really Happened
By Seedly  •  May 25, 2020
If you took a poll amongst Singaporeans with regard to which companies they would like to work for. Many would mention well-known technology firms like Facebook and Google. Or even unicorns (a startup or private company with a valuation of over US$1.billion) like Airbnb or Grab.
Facebook Data Centre in Singapore
Source: Facebook
And these aspirations aren’t merely pipe dreams. In fact, Facebook is opening its first S$1.4 billion Asian data centre here in 2022. Google is building its third data centre in Singapore to meet rapid user growth in the region. And Grab has relocated its headquarters to Singapore as a staging ground to grow its operations. . . . The allure of these tech companies and unicorns are palpable. Besides the promise of a well-compensated future. These companies offer flexibility, meaningful work, and beautiful work environments which will trigger office-envy.
Airbnb Singapore Office Kitchen
Source: Airbnb Singapore
So, it’s...
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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