Pluang lay off 10% of employees, want to focus on the main business

Startups wealthtech Pluang laid off (PHK) as many as 10% of employees in Indonesia, Singapore and India. All divisions were affected by this decision.

In an official statement released today (18/8), Pluang Co-founder Claudia Kolonas said that the global economy which is still under pressure has a very close correlation with the performance of financial markets, especially the investment sector. Companies are not immune to these uncertain situations.

Management also took vital steps based on the evaluation results and a thorough review of the company's strategic goals. Starting from strengthening the company's core business, rearranging priorities, optimizing operational costs, to organizational restructuring which resulted in the termination of employment for 10% of employees.