job losses

Six in ten Singapore businesses say they have moved back to “cautious hiring” amid the COVID-19 pandemic, but layoffs were still unavoidable for some, according to a survey by global professional services firm Aon.

As countries impose lockdowns and people lose jobs, sustaining those sectors that can function online has never been more important for a global economy facing one of its darkest periods since the Great Depression.

(Sept 14): The Hanjin Shipping Co. terminal at South Korea’s largest port used to be one of the world’s busiest. Dozens of container carriers would line up to ferry boxes to and from the giant cranes that loaded and unloaded the world’s biggest ship

TEXAS (July 14): Two years ago, Reg MacDonald's 20-day drilling classes were packed to capacity, with nearly 40 students eager to land lucrative jobs in the booming oil and gas industry. Now he is lucky if he gets half a dozen to enrol.