PropertyGuru Leetrenched 174

[Pinkieslut]

PropertyGuru axes 174 employees, shuts 3 business units​

They are Sendhelper, data and software solutions, and PropertyGuru Finance

Benjamin Cher​

Published Mon, Feb 17, 2025 · 12:51 PM
PropertyGuru

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• This is part of PropertyGuru’s adjustments to prioritise its marketplace business. PHOTO: PROPERTYGURU
• This is part of PropertyGuru’s adjustments to prioritise its marketplace business. PHOTO: PROPERTYGURU
• This is part of PropertyGuru’s adjustments to prioritise its marketplace business. PHOTO: PROPERTYGURU
• This is part of PropertyGuru’s adjustments to prioritise its marketplace business. PHOTO: PROPERTYGURU
• This is part of PropertyGuru’s adjustments to prioritise its marketplace business. PHOTO: PROPERTYGURU

PROPERTYGURU axed 12 per cent of its employees on Feb 13, a move that comes after being taken private by private equity player EQT Capital.

In a note to employees, the new executive chairman Trevor Mather announced that 174 employees will be axed as the property platform seeks to streamline operations. The layoffs are across PropertyGuru, with three business units – Sendhelper, data and software solutions, and PropertyGuru Finance – shuttering.

PropertyGuru Finance deals with mortgage advisory, and Sendhelper was an acquisition back in October 2022 for the property platform to enter home services such as cleaning and maintenance.


Affected employees will receive one month’s salary per year of service capped at 12 months or statutory severance – whichever is higher. An additional one month’s salary will also be paid out.

Performance bonuses for 2024 will be paid out, and three months of extended medical insurance and access to the employee assistance programme are being offered. Affected employees will get three months’ access to outplacement assistance, including access to a personal career consultant.

They will also be able to retain their work laptops. Visa and relocation support is being offered, with up to three months of extended unpaid leave, repatriation assistance and support for early termination of rental leases

 

[GOD IS MY DOG]

leeches culling leeches.................

 

[A Singaporean]

Wow. PAP says economy very good.

 

[face the facts]

when will the fucking pappies admit that things are PERMANENTLY going badly in peesai....wait a minute, they dont give a fuck, you die your business

 

[birdie69]

Wow. PAP says economy very good.

Property market is red hot!

 

[oliverlee]

Property market is red hot!

So is my lanjiao

 

[k1976]

PropertyGuru axes 174 employees, shuts 3 business units​

They are Sendhelper, data and software solutions, and PropertyGuru Finance

Benjamin Cher​

Published Mon, Feb 17, 2025 · 12:51 PM
PropertyGuru

• 
  
• 
  
• 
  
  
  
• 
  
• 
  
• This is part of PropertyGuru’s adjustments to prioritise its marketplace business. PHOTO: PROPERTYGURU
• This is part of PropertyGuru’s adjustments to prioritise its marketplace business. PHOTO: PROPERTYGURU
• This is part of PropertyGuru’s adjustments to prioritise its marketplace business. PHOTO: PROPERTYGURU
• This is part of PropertyGuru’s adjustments to prioritise its marketplace business. PHOTO: PROPERTYGURU
• This is part of PropertyGuru’s adjustments to prioritise its marketplace business. PHOTO: PROPERTYGURU

PROPERTYGURU axed 12 per cent of its employees on Feb 13, a move that comes after being taken private by private equity player EQT Capital.

In a note to employees, the new executive chairman Trevor Mather announced that 174 employees will be axed as the property platform seeks to streamline operations. The layoffs are across PropertyGuru, with three business units – Sendhelper, data and software solutions, and PropertyGuru Finance – shuttering.

PropertyGuru Finance deals with mortgage advisory, and Sendhelper was an acquisition back in October 2022 for the property platform to enter home services such as cleaning and maintenance.


Affected employees will receive one month’s salary per year of service capped at 12 months or statutory severance – whichever is higher. An additional one month’s salary will also be paid out.

Performance bonuses for 2024 will be paid out, and three months of extended medical insurance and access to the employee assistance programme are being offered. Affected employees will get three months’ access to outplacement assistance, including access to a personal career consultant.

They will also be able to retain their work laptops. Visa and relocation support is being offered, with up to three months of extended unpaid leave, repatriation assistance and support for early termination of rental leases

OMG…. Rumour say property is 100000% Bao Jiak profit de woh

 

[k1976]

PropertyGuru axes 174 employees, shuts 3 business units​

They are Sendhelper, data and software solutions, and PropertyGuru Finance

Benjamin Cher​

Published Mon, Feb 17, 2025 · 12:51 PM
PropertyGuru

• 
  
• 
  
• 
  
  
  
• 
  
• 
  
• This is part of PropertyGuru’s adjustments to prioritise its marketplace business. PHOTO: PROPERTYGURU
• This is part of PropertyGuru’s adjustments to prioritise its marketplace business. PHOTO: PROPERTYGURU
• This is part of PropertyGuru’s adjustments to prioritise its marketplace business. PHOTO: PROPERTYGURU
• This is part of PropertyGuru’s adjustments to prioritise its marketplace business. PHOTO: PROPERTYGURU
• This is part of PropertyGuru’s adjustments to prioritise its marketplace business. PHOTO: PROPERTYGURU

PROPERTYGURU axed 12 per cent of its employees on Feb 13, a move that comes after being taken private by private equity player EQT Capital.

In a note to employees, the new executive chairman Trevor Mather announced that 174 employees will be axed as the property platform seeks to streamline operations. The layoffs are across PropertyGuru, with three business units – Sendhelper, data and software solutions, and PropertyGuru Finance – shuttering.

PropertyGuru Finance deals with mortgage advisory, and Sendhelper was an acquisition back in October 2022 for the property platform to enter home services such as cleaning and maintenance.


Affected employees will receive one month’s salary per year of service capped at 12 months or statutory severance – whichever is higher. An additional one month’s salary will also be paid out.

Performance bonuses for 2024 will be paid out, and three months of extended medical insurance and access to the employee assistance programme are being offered. Affected employees will get three months’ access to outplacement assistance, including access to a personal career consultant.

They will also be able to retain their work laptops. Visa and relocation support is being offered, with up to three months of extended unpaid leave, repatriation assistance and support for early termination of rental leases

Any bro can eat dun waste?

 

[k1976]

HSBC plans new round of investment bank job cuts next week​

The latest phase of cuts will start in Asia, but will ultimately affect employees globally

Published Fri, Feb 14, 2025 · 05:57 PM
HSBC

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• Georges Elhedery is reducing costs with a restructuring that has so far included combining the commercial banking division with its global banking and markets unit and pulling out of some underwriting and advisory businesses in Europe and the Americas. PHOTO: HSBC
• Georges Elhedery is reducing costs with a restructuring that has so far included combining the commercial banking division with its global banking and markets unit and pulling out of some underwriting and advisory businesses in Europe and the Americas. PHOTO: HSBC
• Georges Elhedery is reducing costs with a restructuring that has so far included combining the commercial banking division with its global banking and markets unit and pulling out of some underwriting and advisory businesses in Europe and the Americas. PHOTO: HSBC
• Georges Elhedery is reducing costs with a restructuring that has so far included combining the commercial banking division with its global banking and markets unit and pulling out of some underwriting and advisory businesses in Europe and the Americas. PHOTO: HSBC
• Georges Elhedery is reducing costs with a restructuring that has so far included combining the commercial banking division with its global banking and markets unit and pulling out of some underwriting and advisory businesses in Europe and the Americas. PHOTO: HSBC

HSBC Holdings is kicking off a fresh round of job cuts at its investment bank as new chief executive officer Georges Elhedery continues his overhaul of Europe’s biggest lender, according to people familiar with the matter.

The latest phase of cuts will start in Asia, but will ultimately affect employees globally, said the people, who asked not to be identified discussing private matters. It’s not clear how many people will be affected by the moves.

Some cuts are already underway in the firm’s markets division but wider layoffs across the investment bank will begin as early as Monday, the people said.

 

[k1976]

Still chopping until 18 Feb

Meta layoffs hit Singapore as tech giant cuts global workforce​

Meta had relocated its Singapore staff to new offices at Marina One (above), after opting not to renew its lease for seven floors of office space at South Beach Tower.PHOTO: ST FILE
Sharon Salim
UPDATED FEB 15, 2025, 10:53 AM


SINGAPORE - Job cuts by social media giant Meta have hit Singapore, according to public posts on professional networking platform LinkedIn and sources who spoke to The Straits Times.

This comes following a leaked internal memo by Meta’s vice-president of human resources Janelle Gale in February, which communicated its plans to carry out company-wide layoffs globally.

According to the note, notices were expected to go out to employees losing their jobs starting at 9pm Singapore time on Feb 10 in most countries, including the US. Workers in more than a dozen countries across Europe, Asia and Africa would receive their notifications between Feb 11 and 18, it said.

Meta layoffs hit Singapore as tech giant cuts global workforce​

Meta had relocated its Singapore staff to new offices at Marina One (above), after opting not to renew its lease for seven floors of office space at South Beach Tower.PHOTO: ST FILE
Sharon Salim
UPDATED FEB 15, 2025, 10:53 AM
SINGAPORE - Job cuts by social media giant Meta have hit Singapore, according to public posts on professional networking platform LinkedIn and sources who spoke to The Straits Times.
This comes following a leaked internal memo by Meta’s vice-president of human resources Janelle Gale in February, which communicated its plans to carry out company-wide layoffs globally.
According to the note, notices were expected to go out to employees losing their jobs starting at 9pm Singapore time on Feb 10 in most countries, including the US. Workers in more than a dozen countries across Europe, Asia and Africa would receive their notifications between Feb 11 and 18, it said.

 

[k1976]

Cik Syed , u want to customise your S3X robot now? Can buy now pay later de woh​

Meta Plans Major Investment Into AI-Powered Humanoid Robots​

• Company is aiming to be the engine powering humanoid market
• Ex-Cruise CEO Marc Whitten to run new group in Reality Lab

Meta’s Next Big Bet Is AI-Powered Humanoid Robots
By Mark Gurman
15 February 2025 at 12:00 AM SGT
Save
Translate

Meta Platforms Inc., after pushing into augmented reality and artificial intelligence, has identified its next big bet: AI-powered humanoid robots.

The company is making a significant investment into the category — futuristic robots that can act like humans and assist with physical tasks — and is forming a new team within its Reality Labs hardware division to conduct the work, according to people with knowledge of the matter.

 

[k1976]

Careful hah

Nvidia, Meta, Apple, and Microsoft Could Help This BlackRock ETF Turn $200,000 Into $1 Million by 2040​

By Anthony Di Pizio – Feb 17, 2025 at 6:00AM
KEY POINTS

• 
  Investors can gain exposure to entire new industries like artificial intelligence (AI) through just one exchange-traded fund (ETF).
• 
  The iShares Expanded Tech Sector ETF holds 289 stocks, and AI is central to most of the companies occupying its top positions.
• 
  The ETF has delivered a compound annual return of 11% since 2001, which would be enough to grow your money fivefold by 2040.
• 
  10 stocks we like better than iShares Trust - iShares Expanded Tech Sector ETF

 

[congo9]

You guys just go to Dempsey road.
Every car is Porsche..
You guys are poor as a mouse.

 

[k1976]

You guys just go to Dempsey road.
Every car is Porsche..
You guys are poor as a mouse.

Moi admit moi is poorer than church mouse de woh

 

[jw5]

They are not called gurus for nothing.

 

[searcher1]

Maybe DeepSeek + PropertyGuru = retrenchment of dead-wood

 

[Chase]

No big deal because 174 is like merely 10% of their headcounts but many of these are local-born Singaporeans. Propertyguru hires many malaysian and pinoys.

 

[sbfuncle]

Property guru doesn't need more than 10 staffs for sure and sinkies doesn't need property agent but just need their website to buy and sell house on their own.

 

[sbfuncle]

Property guru doesn't need more than 10 staffs for sure and sinkies doesn't need property agent but just need their website to buy and sell house on their own.

Seriously why do you need another person to bring you around and intro the houses and amenities to you? Don't you have a eyes to see for yourself?
Why do need another person to fill in and submit forms for you? Are you disabled?
More importantly, why do you need 2 person to talk in pte secretly and offer you a price? Can't you talk price directly with the seller?
Do you know that when that 2 person talk secretly, they can come out with a cheating plan?

Eg seller agent told the seller the buyer is buying it at $500k, which meet the seller expectation.

The buyer agent told the buyer I can help you buy it at your budget of $520k but you need to pay the seller agent a 20k secret deal fee.

With these arrangement, the seller is happy to sell it at $500k.

The buyer is happy to buy it as $520k

The agents is happy to share a extra 10k fee each, on top of the usual commission fees.

The buyer agent will tell the buyer.. Shhh... Don't let the seller know about this price becos the ter nao seller is very happy with 500k deal.

The buyer is happy to pay 520k becos the actual price is worth about $540k when he compared to other units of the same block.

The buyer and seller are both happy with the deal but they didn't know that they are ter nao.