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Tech in Asia (YC W15) is the largest English-language technology media company that focuses on Asia. From the latest news to the hottest trends and the boldest startups to the strongest titans, we cover everything tech in the region. Our goal is to build and serve Asia’s tech and startup community.

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<ul><li><p>Glints, a Singapore-based careers platform, is laying off employees “based on market conditions and business priorities,” the firm’s co-founder Oswald Yeo said in his address to staff.</p></li><li>The development comes after the startup raised US$50 million in a series D funding round in August.</li><li>In the same month, the firm claimed that its annual revenue and gross profits grew 2.5x over the past 12 months.</li></ul>

Glints, a Singapore-based careers platform, is laying off employees “based on market conditions and business priorities,” the firm’s co-founder Oswald Yeo said in his address to staff.The development comes after the startup raised US$50 million in a series D funding round in August.In the same month, the firm claimed that its annual revenue and gross profits grew 2.5x over the past 12 months.

Singapore-Based Glints Lays off 18% of Employees