Socar’s ride-hailing platform Tada adds to growing list of tech layoffs 

Seoul-based ride-hailing platform Tada, operated by Korean ride-sharing company Socar’s subsidiary VCNC, plans to let go of a portion of the company’s employees as part of a restructuring as it works to reduce costs, the company confirmed to TechCrunch. 
Tada has not yet materialized how many staff it will lay off since it’s part of a voluntary early retirement program, a spokesperson at VCNC said, adding that it will be able to announce more concrete details in the not-too-distant future. Tada is said to cut at least 50% of its staff, or about 45 people, per local media outl

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