Online lending startup Oriente cuts over 25% of team

Firm took 'staggered approach' to laying off its staff, starting in Q4 2019

Singapore

ONLINE lending startup Oriente on Friday confirmed that it laid off under 100 employees in June in a reduction exercise undertaken in batches from the fourth quarter of 2019.

In total, the company laid off slightly more than a quarter of its more-than-2,000-strong