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> And over the next 12 months we will begin the process of winding down our Singapore office and moving to a new APAC hub in a market where we operate our services.

Wonder where the new APAC hub is? Could it be Hong Kong? They have had the unrest issues but haven't been impacted much by covid, relatively speaking.

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My educated guess is India. They have a reasonably big development center in Bangalore and Hyderabad, besides operating rides business there.

The Information had a good article on the engineering layoffs (at least the previous round). The CEO decided to cut people to shift development to lower cost countries even when some managers were willing to cut their own salaries to save some jobs.

India is a regulatory nightmare. It's more likely to be Tokyo or Seoul. Maybe Sydney but from a geographic perspective Australia isn't exactly ideal.

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