retrenchment

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.
Lessons from Lazada for Singapore's employers and employees - THE EDGE SINGAPORE

Digital Economy

Lessons from Lazada for Singapore's employers and employees

Without statutory retrenchment pay in Singapore, affected employees bemoan the slim severance package offered by Lazada.
Yeo's retrenches 32 staff in Singapore amid changing consumer patterns and mounting cost pressures - THE EDGE SINGAPORE

Restructuring

Yeo's retrenches 32 staff in Singapore amid changing consumer patterns and mounting cost pressures

The affected staff account for less than 2% of the company’s 1,900-person workforce.
ASTI Holdings retrenches CEO amid efforts to stay afloat and exit SGX watch-list - THE EDGE SINGAPORE

New appointments

ASTI Holdings retrenches CEO amid efforts to stay afloat and exit SGX watch-list

ASTI Holdings retrenches CEO amid tough times.
AIA creates up to 500 career opportunities for fresh graduates and mid-career switchers - THE EDGE SINGAPORE

Company in the news

AIA creates up to 500 career opportunities for fresh graduates and mid-career switchers

The scheme aims to provide support to individuals seeking careers in Singapore’s financial services sector.

Labour market

Unemployment and retrenchment levels to ease as economy shows signs of picking up

SINGAPORE (20 Dec) : Singapore’s labour market came under some pressure earlier this year, as the slowing economy saw hiring sentiment turning more cautious across industries. In its most recent Labour Market Report for 3Q2019 ended Sept 30, the Ministr
6 indicators that offer bleak outlook for Singapore's labour market

Labour market

6 indicators that offer bleak outlook for Singapore's labour market

(Oct 29): Singapore’s resilient labour market is starting to come under strain as the trade-reliant economy struggles in the face of global pressures.

In print this week

PMETs face higher risk of retrenchment, experts say

SINGAPORE (Mar 8): The conventional wisdom that the higher skilled is more employable no longer holds water, says DBS economist Irvin Seah.

Careers & Training

IBM partners IMDA to roll out 'New Collar Apprenticeship' initiative after layoffs in Singapore

SINGAPORE (Aug 16): International Business Machines (IBM) is joining the Infocomm Media Development Authority’s (IMDA) Company-Led Training programme under its TechSkills Accelerator (TeSA) initiative to roll out their first “New Collar Apprenticeship
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