StarHub to lay off 300 employees as telco commences strategic review

SINGAPORE (Oct 3): StarHub is embarking on a strategic transformation review that will include laying off an estimated 300 of its full-time staff, primarily those in non-customer facing functions, with those affected to be notified by the end of this month.

In an aftermarket press statement issued on Wednesday, the telco attributes the decision to “ongoing natural attrition and tighter management of contractor roles [which] will result in additional roles being made redundant”.

The group says it expects to incur a one-off restructuring cost of $25 million including funding to support outplacement, training, and coaching.

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