TE
TechEcho
Home24h TopNewestBestAskShowJobs
GitHubTwitter
Home

TechEcho

A tech news platform built with Next.js, providing global tech news and discussions.

GitHubTwitter

Home

HomeNewestBestAskShowJobs

Resources

HackerNews APIOriginal HackerNewsNext.js

© 2025 TechEcho. All rights reserved.

Grab Asks Staff to Take No-Pay Leave to Cut Costs

47 pointsby jinonoelabout 5 years ago

5 comments

namanaggarwalabout 5 years ago
Unlike other companies, the no-pay leave is voluntary, they are not forcing people to take leave(atleast till now). Also the amount of pay cut is replaced by RSU. I think Grab is doing good enough job to support workers and drivers and to support it&#x27;s business.<p>P.S used to work for Grab till last week. Left because of personal reasons. Opinions are my own
评论 #23041383 未加载
mirimirabout 5 years ago
Why not issue vouchers, at least to staff they&#x27;d rather not lose?
评论 #23038802 未加载
econconabout 5 years ago
Ideally VC mothership should pay for their continuation through crisis. Or none of the VCs included Corona like risk in their calculation?
评论 #23039389 未加载
Mengkudulangsatabout 5 years ago
They are becoming way too haughty in recent years.<p>Expanded from ride sharing to meal deliveries to coupons to VC fund (yup, a startup with it&#x27;s own VC fund, ironic), to digital banks etc.<p>Cut the crap and focus.
评论 #23039444 未加载
评论 #23038808 未加载
nerdbaggyabout 5 years ago
“And, beginning in May, the ride-hailing company will reportedly put forward a 30 percent reduction in pay for executive leadership, 20 percent for vice presidents and 10 percent for all other staffers who are exempt per a Securities and Exchange Commission (SEC) filing.”<p>This stuff grinds my gears. I think they could take a bigger pay cut. I see this everywhere not just with Grab. The CEO Anthony Tan is in the top 50 riches people in Malaysia.
评论 #23038844 未加载