AI Disruption Hits Singapore: Tech Layoffs, Workforce Fears, and an Education Pivot

The Trade Desk's 15% global layoff—affecting its Singapore office—came with a revealing detail: CEO Jeff Green stressed the company holds US$1.5 billion in cash with zero debt, yet still chose to shrink its workforce. The move signals a broader shift in the adtech and tech sector, where even well-capitalized firms are restructuring around AI efficiencies rather than traditional growth. The Singapore team, which had over 140 employees before the cuts, saw public farewells on...