Southeast Asian startups seize opportunity to boost talent pool in hirer's market

The work area at WeWork Sinarmas MSIG Tower Jakarta

Southeast Asia’s startup ecosystem has been beset with layoffs in the last few months as businesses struggle to cope with the economic ramifications of the COVID-19 pandemic. Even those with massive war chests, such as ride-hailers Grab and Gojek and travel booking unicorn Traveloka, found themselves inadequately prepared for a prolonged slowdown in business.

Despite the dreary outlook, startup hiring in the region has not ground to a halt. Listings on jobs marketplaces and other recruitment platforms reveal companies are still actively, albeit selectively, hiring as a larger talent pool becomes available and the balance of power shifts in favour of recruiters.

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