firing

Labour market

Banks brace for biggest job cuts since 2015

(Dec 27): Banks around the world are unveiling the biggest round of job cuts in four years as they slash costs to weather a slowing economy and adapt to digital technology.

SMRT fires eight employees over flooding incident

SINGAPORE (Nov 29): SMRT Corp., which operates Singapore’s two oldest rail lines, said it fired eight employees and disciplined three others for their roles which led to a flooding incident last month.

DBS eliminates a dozen jobs at brokerage as trading slumps

SINGAPORE (Dec 2): DBS Group Holdings cut at least 12 roles across Asia at its brokerage unit, the latest bank to shrink its trading desk as volumes slump.
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