Waze To Cut Off 5% Of Employees and Closes Office In Asia, Pacific, Latin America Including M’sia
As early as April, a press release released by Waze mentioned that their usage around the world was drastically reduced. The daily driving mileage in Malaysia, the United States, France, Spain, Italy and other regions dropped by 60 to About 80%, but Waze also said that since June, the number of drivers in various places has begun to pick up.
But in such a situation, Waze decided to “re-examine the priorities” and focus their support on their own products, accelerate the promotion of technology-related investments, and re-adjust their marketing strategies.
Waze is not the only company that has been impacted in the technology or transportation-related fields. Uber, Lyft, Mozilla, Yelp, etc. have all reported layoffs in this epidemic.
Noam Bardin mentioned in the announcement that the upcoming offices include Singapore, Indonesia, the Philippines and Malaysia in the Asia-Pacific region, and Colombia, Argentina, and Chile in the Latin American region. However, it is also mentioned that they will continue to serve these countries and regions by increasing investment in local Waze Local Starter.
In such business adjustments, they will shrink the car-sharing cooperation team, product cooperation, public and private teams, etc. This also means that their marketing team will be downsized, that is, layoffs.
For the employees who have been laid off, Waze said that it will assist them in their career transitions. For example, to assist employees in finding other opportunities to work for Google, it will also provide six months of new job introduction services for affected employees, and will also provide Benefits such as medical care. Employees who were laid off this year will continue to enjoy bonus and other benefits until early 2021.