Work services food delivery platform Foodpanda has laid off some members of its Singapore staff due to a ‘critical need’ to reduce costs and move to profitability to remain competitive, reports Channel News Asia. In response to Channel News Asia queries, Foodpanda said its parent company Delivery Hero, which also owns European-based Foodora and Glovo, is looking to become profitable at an operating level. A Foodpanda spokesperson declined to specify how many employees were affected by the move, or which roles they had held. However, news outlets, including DealStreetAsia (paywall) have reported last week that about 5% of the company’s Singapore-based team were laid off while 20% of its Philippines team, or 150 staff, were also laid off. In a statement, Foodpanda said it is "supporting impacted employees to help them through this transition, through employee assistance programmes and extended insurance and benefits".