Why Recessions Forge Great CEOs Who Think Beyond Cost-Cutting
04/15/2025
No Comments
But the CEOs who make history in downturns aren’t the ones with the deepest cuts
September 25, 2023: On Friday, Consolidations in Singapore’s highly saturated food delivery sector could be on the horizon, though it is unlikely that any one platform will eventually dominate, analysts said.
Foodpanda, the Singapore-headquartered food delivery service, has announced its recent round of layoffs as it seeks to simplify operations and become more agile. This marks the third round of releases for the company, following previous job cuts in February and September of last year. Other food delivery outlets like Grab and Deliveroo have also reduced their headcounts this year.
Foodpanda’s parent company, Delivery Hero, is reportedly in preliminary discussions with potential buyers to sell part of its Southeast Asian meals delivery business.
While specific markets were not mentioned, there have been reports that Delivery Hero is considering marketing its functions under the Foodpanda brand in several Southeast Asian countries.
Grab, one of Foodpanda’s opponents, has been gaining market share in the food delivery industry, while Foodpanda has faced challenges due to its stand-alone delivery standard. Grab currently holds the largest market share in Southeast Asia’s food delivery demand, with Foodpanda and Gojek following behind.
These results reflect the competitive nature of the food delivery industry in the Southeast Asian region, with businesses seeking to optimize their operations and market positions.
But the CEOs who make history in downturns aren’t the ones with the deepest cuts
Companies invest millions in leadership development, yet many of their best executives leave within a few years. Why?
The most successful business leaders don’t just identify gaps in the market; they anticipate future needs before anyone else.
With technological advancements, shifting consumer expectations, and global interconnectedness, the role of business leaders
The leadership landscape is profoundly changing, influenced by technological advancements, shifting workforce expectations, and the need for adaptability in an unpredictable global environment.
In the fast-paced business world, corporate leaders often find themselves at the crossroads of risk and reward, where bold decisions …
But the CEOs who make history in downturns aren’t the ones with the deepest cuts
April 15, 2025: Multiple wildfires burning across northern and central Alberta have triggered large-scale evacuations.
April 10, 2025: The far-right Alternative for Germany (AfD) party has recorded significant gains in regional elections, triggering a wave of political instability across the country
April 08, 2025: France and Germany are delaying progress on the European Union’s proposed digital identity wallet, citing unresolved concerns over data sovereignty,
Leave us a message
Subscribe
Fill the form our team will contact you
Advertise with us
Fill the form our team will contact you
