Singapore-based ride-hailing and on-demand delivery startup Grab is firing 360 employees comprising nearly 5% of Grab's total workforce, Co-founder Anthony Tan has said. "Please know that we did not come to this decision lightly. We tried everything possible to avoid this," Tan added. Backed by SoftBank, Mitsubishi, Yamaha and others, Grab is one of Southeast Asia's largest ride-hailing platforms.