Cutting to the chase about layoffs in Asia’s tech scene

More: Tiger Global’s latest investment in an Indian fintech firm and Binance Labs’ big bet on Web3 startups. [Read from your browser]( Daily Newsletter Hello {NAME} I don’t want to ruin your day with baffling facts, but here’s a thought worth pondering: Between being unemployed and losing a loved one, it takes [longer to adapt]( to the pain of becoming jobless. While the idea initially defied my intuition, I realized how getting fired feels so personal. Apart from the obvious economic insecurity it brings, it’s usually interpreted as a judgment of one’s character and abilities. It could potentially cause an existential crisis, so it isn't weird in the least that it could be harder to recover from losing your job than it is to grieve over death. That’s why layoffs hurt people not just financially, but also emotionally and spiritually. There was a spike in job cuts at Asia’s tech startups in May, and it looks like another round is right around the corner. Our big story for the day features all the details about recent layoffs across Southeast Asia, along with interesting data from China and India. -- Deepti  ---------------------------------------------------------------  THE BIG STORY [Tracking layoffs across Asia’s startup ecosystem]( Several startups are dismissing staff to stay afloat as headwinds hit Asia. This layoff tracker is keeping tabs on marching orders.  --------------------------------------------------------------- PODCAST It’s hard enough to secure a role in the upper management of a top-tier company. What’s even harder is getting hired for a position that doesn’t yet exist. That’s what Tanah Sullivan, head of sustainability at Indonesia’s GoTo Group, managed to do. In 2020, her passion for advocating sustainability was so strong that it convinced Gojek’s founders to create a role for her at the company. On [this episode]( of How to Get a Job at a Unicorn, Sullivan discusses the pivotal moments in her career that led her to join the Indonesian tech giant and shares advice for anyone looking to join a billion-dollar company at the upper management level. Listen here: [Spotify]( | [Apple Podcasts](  --------------------------------------------------------------- TRENDING NEWS [SoftBank backs Indonesian social commerce firm’s $70m round]( Super, which targets second- and third-tier cities, currently operates in 30 cities across East Java and South Sulawesi. [Apple to move parts of iPad production to Vietnam]( The decision may help relieve Apple from supply chain disruptions caused by China’s zero-Covid policy, Nikkei Asia reported. [TikTok parent eyes comeback in India]( ByteDance is in talks with local real estate player Hiranandani Group for a partnership and looks to hire in India, The Economic Times reported. [Service marketplace Kaodim shutters operations]( The firm will cease operations in its four markets on July 1. [South Korea allocates $177m to back local metaverse industry]( The city government of Seoul is also building a metaverse platform designed to give citizens virtual access to public services, CNBC reported. [SG co-working firm Found8 to exit Malaysia]( Unable to recover from the pandemic, the co-working space provider will shut down its only location in Malaysia by the end of June. ---------------------------------------------------------------  EVENTS HAPPENING You can also check out a curated list of trending tech events [over here](. - *Event* [SYNC]( on Aug 3-5, Conrad Bali Tech in Asia is excited to host our first closed-door, in-person networking summit in two years at Conrad Bali, Nusa Dua. Headlined by best-in-class speakers in Asia's tech startup scene, join over 100 C-suites at SYNC, Asia's premier tech summit to reconnect and reinvent ideas outside the boardroom. Discover the SYNC experience - [apply for an invite today](.  ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Data Engineer]( at Tech in Asia Singapore, Singapore - [Sales Manager]( at Jirnexu (RinggitPlus) Kuala Lumpur, Malaysia - [Mobile iOS Developer]( at Innovation Factory Jakarta, Indonesia - [Senior Product Operation]( at AwanTunai Jakarta, Indonesia - [Back End Engineer]( at Tunaiku Jakarta, Indonesia - [Unity Engineer]( at NRI Indonesia Jakarta, Indonesia [ADVERTISE]( | [SUBSCRIBE]( P.S. Don't miss out on the biggest tech news and analysis. Add newsletter@techinasia.com to your address book, contacts, or safe sender list. Or simply move us into your inbox. Too many emails? Switch to a different frequency or get new content through our [preference center]( or [unsubscribe](. You can also break our hearts and remove yourself from all Tech in Asia emails over [here](  ---------------------------------------------------------------  Copyright © 2022 Tech in Asia, All rights reserved. 63 Robinson Road, Singapore 068894