Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
GXS Bank cuts 82 jobs in Singapore, Malaysia, and India to boost efficiency and profitability.
GXS Bank, backed by Grab and Singtel, is cutting about 10% of its workforce—82 employees—across Singapore, Malaysia, and India as part of a strategic shift from expansion to operational efficiency.
The job reductions, based on a company-wide review and not individual performance, aim to streamline operations and support long-term growth.
Affected employees will receive severance, extended medical coverage, career support, and garden leave.
The move follows a restructuring that regionalized key functions and comes amid efforts to improve profitability, strengthen customer retention, and align with broader industry trends among digital banks in the region.
GXS Bank recorta 82 empleos en Singapur, Malasia y la India para impulsar la eficiencia y la rentabilidad.