Jakarta –
Decacorn Indonesia PT Go to Gojek Tokopedia Tbk (GOTO) was hit with bad news. A foreign media reported that GoTo intends to lay off 1,000 employees.
Quoting reports Bloomberg, Friday (11/10/2022), the tech giant intends to improve efficiency to improve financial performance. Bloomberg cited a source familiar with the efficiency plan.
The number of employees cut is equal to 10% of the total number of employees. All divisions in GoTo will be affected by this efficiency.
Today, stocks Go to up by 9.6%. This is the highest peak in the past two months.
GoTo’s financial performance isn’t “green” yet. GoTo recorded a loss before interest, taxes, depreciation and amortization of Rp 4.14 trillion in the second quarter of 2022.
If that happens, GoTo will join the long list of tech companies they’ve fired. Meta, the parent of Facebook, is also still on the list.
This layoff plan has not been announced to the public, it will reportedly be announced next week. detik.com has already managed to contact the party Go to to confirm but I have not received a reply.
(La la)
