Binola lang si BBM? Grab’s massive layoff casts shadow on its pledge to create 500,000 jobs in Philippines

Singapore’s ride-hailing company Grab’s move to cut 11 percent of its workforce has cast doubts on its ability to fulfill its commitment to President Bongbong Marcos to create 500,000 jobs.

“The news of the massive layoff set to be implemented by Grab will put into question their ability to deliver their investment pledge,” said

Digital Pinoys national campaigner Ronald Gustilo expressed doubts about Grab’s investment pledge in light of the substantial layoffs.

READ: Advocacy group calls for probe into Grab layoffs, demands protection of Filipino workers’ rights

“The government should also consider if the service quality for Grab’s customer passengers and their drivers and drivers will get affected if the layoff will affect the operations of Grab Philippines,” he added.

Grab CEO and co-founder Anthony Tan recently announced it was cutting 1,000 jobs this year, after laying off 360 workers last year, to cut costs.

READ: Singapore tech giant Grab to lay off over 1,000 employees

Just four months ago, Tan had a meeting with the President at Malacañang Palace, during which he pledged to invest in modernizing the transportation sector of the country and generating up to 500,000 jobs in Metro Manila, Davao, Cebu, and Iloilo.

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