Grab Holdings layoffs, on the record
Every job cut, severance charge and restructuring Grab Holdings reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from 10,604 to 12,012.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 20-F for 2023 | 10,604 | December 31, 2023 |
| 20-F for 2024 | 11,267 | December 31, 2024 |
| 20-F for 2025 | 12,012 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryGrab ran a restructuring exercise in June 2023 that drove severance and other payments, booked as restructuring costs of $56 million in 2023.
Word for word“Restructuring costs increased by $48 million, to $56 million in 2023 from $8 million in 2022, primarily due to severance and other payments for a restructuring exercise conducted in June 2023.” 20-F for 2023
Our summaryGrab closed most of its dark stores and GrabKitchen operations across the region, which generated restructuring costs in 2022.
Word for word“Restructuring costs increased by $7 million, to $8 million in 2023 from $1 million in 2022, primarily due to restructuring costs as we closed most of our dark stores and GrabKitchen operations across the region.” 20-F for 2023
Our summaryGrab recorded restructuring costs in 2024, primarily severance payments, down from the prior year due to lower expenses for restructuring activities that began in 2023.
Word for word“Restructuring costs decreased by $42 million to $14 million in 2024 from $56 million in 2023, primarily due to lower expenses in 2024 for restructuring activities that commenced in 2023.” 20-F for 2024
Grab Holdings has filed no restructuring notice (Form 8-K, Item 2.05) since 2016. Companies file one only for a cut they judge material, so many announced layoffs never appear as one. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from Grab Holdings’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-03-06. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.