layoffs

SPH Media lays off 10% of tech employees a week after denying rumours - THE EDGE SINGAPORE

Company in the news

SPH Media lays off 10% of tech employees a week after denying rumours

The Edge Singapore had contacted SPH Media on Oct 28 for comment about the rumoured layoffs.
Samsung to cut thousands of jobs as it struggles in key markets - THE EDGE SINGAPORE

News

Samsung to cut thousands of jobs amid struggles in AI market

The layoffs could affect about 10% of its workforce in Southeast Asia, Australia and New Zealand, although the numbers for each subsidiary may vary

China Focus

PwC starts mass layoffs in China after losing dozens of clients

More than 30 publicly listed companies based in mainland China have dropped PwC as their auditor this year.
Second round of layoffs at Ninja Van in less than three months; 5% of Singapore staff affected - THE EDGE SINGAPORE

Company in the news

Second round of layoffs at Ninja Van in less than three months; 5% of Singapore staff affected

Ninja Van CEO Chang Wen Lai will deliver a virtual address at 11am on July 2, according to an anonymous source.

Company in the news

Amid losses and IPO delays, Ninja Van conducts layoffs in tech office

Ninja Van has announced a bout of layoffs, letting go of 20% of its local tech team.
Yahoo to lay off all journalists, social media executives in Singapore - THE EDGE SINGAPORE

Company in the news

Yahoo to lay off all journalists, social media executives in Singapore

EXCLUSIVE: Yahoo is letting go of its editorial and social media teams in Singapore.
One in two employers surveyed plan to hire more permanent staff in 1H2024: Jobstreet by Seek - THE EDGE SINGAPORE

Labour market

One in two employers surveyed plan to hire more permanent staff in 1H2024: Jobstreet by Seek

Nearly one in two employers believe the job market will be more active in 1H2024, but just one in three say the same for 2H2024.

Company in the news

PropertyGuru cuts 79 jobs amid organisational changes

The 79 roles make up about 5% of the company’s total workforce.
What may be included in Singapore's unemployment benefits for retrenched workers? - THE EDGE SINGAPORE

Budget 2024

What may be included in Singapore's unemployment benefits for retrenched workers?

“[The government may] even institute a tax on wages after re-employment that is greater the longer the unemployment duration.”
IBM sees strong 2024 sales, free cash flow; Job cuts planned - THE EDGE SINGAPORE

Tech

IBM rallies most in four years on rosy outlook for 2024

It will likely spend the same amount on restructuring as it did last year, but will continue to hire for certain positions.
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