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Digital bank GXS, which is supported by Grab and Singtel, will reportedly cut 82 jobs within the group. The targets of the layoffs include GXS Bank's subsidiary in Singapore, GX Bank's subsidiary in Malaysia, and its technology center in India. The report quoted company CEO Lai Pei-Si as saying that the layoffs were part of the company's transition from the early stage of establishing the bank to the operation stage. The dismissal was based on a strategic assessment, not on individual performance.

Zhitongcaijing·12/03/2025 05:09:04
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Digital bank GXS, which is supported by Grab and Singtel, will reportedly cut 82 jobs within the group. The targets of the layoffs include GXS Bank's subsidiary in Singapore, GX Bank's subsidiary in Malaysia, and its technology center in India. The report quoted company CEO Lai Pei-Si as saying that the layoffs were part of the company's transition from the early stage of establishing the bank to the operation stage. The dismissal was based on a strategic assessment, not on individual performance.