List of Startups Performing Mass Layoffs Throughout 2022

In 2022, a number of digital startups are taking steps to streamline their business operations. One of the impacts, they have to reduce employees by Termination of Employment (PHK).

DailySocial.id trying to summarize the list of startups that did layoffs or layoffs in bulk so far:

Zenius: laid off around 800 employees in 2x announcements

Until August 2022, Zenius announced 2x layoffs. At the first announcement, around May, they laid off about 200 people. Then in the second announcement, in early August, it was reported that 600 people were being laid off from various divisions. Zenius has confirmed the layoffs, although they did not specify the exact number.

In a release, Zenius' management said that this decision was taken in the midst of changing macroeconomic conditions and consumer behavior, so the company must realign and re-prioritize the organization to ensure long-term sustainability and growth.

LinkAja: laying off nearly 200 employees

LinkAja laid off nearly 200 of its employees. This follows the company's HR reorganization process due to significant changes in business processes and objectives.

As known LinkAja offer payment service e-money server based. One of its flagship features, they also offer sharia options to their users. However, for payment applications they compete directly with a number of big players, including Gopay, ShopeePay, Dana, to OVO --- each of which has almost the same strategy.

One of the value propositions that LinkAja is trying to present is payment acceptance offline via QRIS. They also penetrated into various traditional markets and second-tier cities. In addition, their services are also used as the main payment system in a number of BUMN-owned applications, one of which is MyPertamina.

In June 2022, the company also announced the appointment of Yogi Rizkian Bahar as CEO. Yogi previously held a number of strategic positions in the Telkom group.

Tanihub: lay off dozens of employees

There is no official information on how many employees have been laid off, but from observations on LinkedIn, dozens of Tanihub employees have not worked there since February 2022. When investigated, it turns out that this is the impact of closing warehouses in Bandung and Bali.

Tanihub decided to focus on B2B, serving the fulfillment of fresh ingredients for business people. The warehouse that was previously closed was carried out for management supply chain their B2C services, namely groceries for the household segment.

Previously in an interview with the CEO of Pamitra Wineka, TaniHub Group claimed to be a company agritech first in Indonesia to score GMV above Rp1 trillion with growth big income by 639% on an annual basis (YoY).

TaniHub operates distribution centers in Bogor, Bandung, Yogyakarta, Surabaya and Bali. The plan is that TaniHub will add more in Sumatra, Kalimantan and Sulawesi.

MPL: closes business in Indonesia and lays off all employees

Mobile Premier League (MPL) debuted in Indonesia since early 2019. After more than 3 years of operation, they finally decided to leave the Indonesian market. As of May 30, 2022, MPL Indonesia will no longer operate. As a result, dozens of employees who run operations in Indonesia have also been laid off.

JD.id: lay off dozens of employees

In the midst of rapid industrial growth e-commerce, JD.id had to reduce dozens of employees in June 2022. The company said this was due to the restructuring of the company's human resources to maintain competitiveness.

Indeed, currently JD.id has to fight against tech giants such as Shopee, Tokopedia, Blibli, to Bukalapak. All the names mentioned, including JD.id, have entered the ranks of companies valued at over $1 billion (unicorns).

The value proposition offered by JD.id is: provide O2O service. They consistently build various retail offline to support the shopping experience.

Lummo: lay off more than 100 employees

Lummo reportedly laid off more than 100 employees. According to Lummo's management, this is the result of streamlining contracts with several third-party technology service companies.

Lummo competes directly with several startups such as BukuWarung to make it easier for MSME players to record cash flows.

Pahamify: lay off dozens of employees

CEO of Pahamify Sharif Rousyan Fikri said that this was the impact of the business evaluation carried out. They are optimizing business processes by making efficiency in the number of employees.

Mamikos: lay off more than 100 employees

Startups listing largest boarding house in Indonesia Mamikos also at the end of July laid off more than 100 employees. The company has restructured due to a change in business focus. The company's management also said that from this storm of layoffs, no services were closed and it was ensured that business would continue to run as usual.

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Disclosure: This article will be updated according to the latest information in the industry