Ninja Van cuts 12% of Singapore workforce after 2 rounds of layoffs in 2024
Ninja Van had two rounds of layoffs in 2024.
SINGAPORE - Logistics company Ninja Van has cut about 12 per cent of its Singapore workforce, following two rounds of layoffs in 2024.
A Ninja Van spokesperson said on Aug 12 that the job cuts are part of the company's long-term effort to strengthen its business model, and that these decisions were not made lightly.
'By streamlining our headquarter functions, we are also aligning resources to support our critical growth areas of tech‑enabled business-to-business restock and cold chain, while ensuring seamless operations across all services,' the spokesperson said.
The Singapore-headquartered company's core courier and e‑commerce services continue to thrive and form the backbone of its operations across South-east Asia, the spokesperson added.
Ninja Van declined to comment on the size of its current workforce in Singapore, and whether there are more layoffs to come.
In the last few hours, a number of former Ninja Van employees from Singapore, Malaysia and Indonesia have posted on LinkedIn, saying that they are seeking a new role.
A check on Ninja Van's job openings on its website showed it still has openings for more than 10 Singapore-based roles in areas ranging from operations to service delivery.
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In April 2024, Ninja Van
had cut 10 per cent of its tech team , a move which drew flak from the National Trades Union Congress (NTUC) as it happened 'just before May Day'.
In July 2024, it
laid off 5 per cent of its Singapore workforce. At that time, there are about 450 staff based at its Singapore corporate headquarters.
Mr Andy Ang, assistant executive secretary of the Supply Chain Employees' Union (SCEU) said in a statement on Aug 12 that Ninja Van had informed the union about the layoffs in advance.
Ninja Van is a non-unionised company, but some of its affected employees are members of SCEU.
'All alternative options have been explored, resulting in some workers being redeployed to other suitable positions within the company,' he said.
He added that the union has engaged Ninja Van to ensure fair compensation packages were provided for affected workers.
Ninja Van said impacted employees will receive severance package, including those with less than two years of service.
Additionally, medical insurance and mental health support have been extended till Dec 31, 2025, with a deadline extension for exercising vested employee stock options from 30 days to one year.
Ninja Van currently operates in Singapore, Malaysia, Indonesia, Vietnam, the Philippines and Thailand.
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