Drained Cash and Job Cuts
Monday, 28 November 2022
Waves of layoffs continue to hit the digital industry. Tech companies in various countries fire thousands of employees. The demand to be more efficient combined with low funding will trigger a mass layoff in digital startups.
THREE days after losing his job, Gilang Mahendra started seeking new opportunities. With his status as a former employee of Ruang Raya Indonesia—more commonly known as Ruangguru, a startup company focusing in education—Gilang used the Open-to-Work feature at LinkedIn’s app. Through the platform of connecting the professionals, he hoped to snatch new work. “I was fired all of the sudden without any preparation,&rd...
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