Chinese bike-sharing startup Ofo lays off Singapore staff without compensation

Ofo bike-sharing bicycles are pictured in Singapore, August 29, 2017. REUTERS/Edgar Su

Chinese bike-sharing startup Ofo has laid off 9 to 10 people from its Singapore operations team, according to a report by TODAY.

According to the report, the employees were notified over the phone that January 31 would be their last day of work. No compensation for their termination was offered.

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