A courier for Foodpanda, a meal-delivery service operated by Delivery Hero AG, checks his smartphone while sitting on a motorcycle at the company's operations center in Bangkok, Thailand, on Friday, March 16, 2018.
Bangkok's famed love affair with food is spilling over to meal-delivery apps, a fledgling sector that Foodpanda projects will surge in 2018 as competition intensifies.
Photographer: Brent Lewin/Bloomberg via Getty ImagesSingapore-headquartered food delivery service Foodpanda on Friday confirmed to CNBC that it is conducting its latest round of layoffs as the need to be "more agile remains critical."
"Our company priority right now is to become leaner, more efficient and even more agile.
This is Foodpanda's third round of layoffs since job cuts in February and September last year amid macroeconomic headwinds, according to media reports.
Bangkok's, Brent Lewin, Jakob Sebastian Angele
Bloomberg, Getty Images Singapore, CNBC