Grab offers no-pay leaves, reduced working hours to staff

By Tech in Asia

Grab is reconsidering financial assistance to drivers in Singapore if lockdown restrictions go beyond June 1, reports Tech in Asia.

Grab has seen a sharp decline in its ride-hailing segment in cities and countries that have imposed major lockdowns.

Grab previously said it would be spending US$40 million on relief initiatives in Southeast Asia for the affected driver- and merchant-partners but Grab’s CEO and founder Anthony Tan said in a letter recently that the company will be making “tough decisions and trade-offs” as it evaluates the pandemic’s impact on the business.

Additionally, the company is now offering its employees “flexible working arrangements” such as no-pay leaves, reduced working hours, and sabbaticals as it fights to weather the Covid-19 crisis.

Read more here

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