P.S used to work for Grab till last week. Left because of personal reasons. Opinions are my own
Informally, the company asks you to accept whatever they are offering. You can always resist, you're very much likely to have the legal advantage. But you don't want to go through the trouble.
Edit - the only good part of the offer was 0 day notice period. They are betting on major chunk of employees to not come back, so they can bring back the one who are left (IMO 80% will leave)
Expanded from ride sharing to meal deliveries to coupons to VC fund (yup, a startup with it's own VC fund, ironic), to digital banks etc.
Cut the crap and focus.
We took a vacation in Bay Area last year and were shocked how poor transport and food delivery options were compared to the big cities in Asia.
See Uber and Gojek (Gojek expanded to more businesses than Uber).
This stuff grinds my gears. I think they could take a bigger pay cut. I see this everywhere not just with Grab. The CEO Anthony Tan is in the top 50 riches people in Malaysia.
I mean it would be crazy to say, "Well some of our staff won't be able to make their mortgage payments or pay their rent, so I'll reduce my salary to the point where I also can't make my mortgage payments". However, it's probably not wrong to say that for many executives, such a cut is mainly a show of solidarity as opposed to something that will put them in the same situation as other employees.
