Tag: retrenchments

Singapore sees biggest half-year decrease in total employment

Merlion
Singapore—The Ministry of Trade and Industry (MTI) announced on Monday (Sept 14) that the reduction in employment for the first half of 2020 is the largest on record for Singapore. The country’s total employment for the second quarter of the year contracted by 129,100, a...

Ong Ye Kung: What we have dreaded all these months has happened; SIA to reduce global workforce

Singapore – Transport Minister Ong Ye Kung took to social media to talk about the “dreaded” occurrence of retrenchments happening to the Singapore Airlines (SIA) workforce, both local and overseas. Mr Ong said in a Facebook post on Thursday (Sept 10) that around 2,400 SIA...

Thousands expected to be retrenched, netizens call Job Support Scheme unsustainable

After experts have predicted that thousands will be retrenched in Singapore within the next coming months due to the negative effects of the Covid-19 pandemic, netizens have taken to Facebook to express their doubts over the Job Support Scheme pushed by the government. Many...

Suntec S’pore retrenchments: Public questions the term ‘local’ once more

Singapore -- In response to news that Suntec Singapore Convention & Exhibition Centre (Suntec Singapore) was retrenching almost half of its workforce, the majority being locals, members of the public question what the term "local" truly means. Suntec Singapore and the Building Construction And Timber...

Heng Swee Keat: We are likely to see more job losses and retrenchments in the coming months

Singapore – Deputy Prime Minister and Minister for Finance, Heng Swee Keat, will be making a Ministerial Statement next Monday (August 17) regarding continued support for workers and businesses amid the Covid-19 pandemic. He also admitted that the country would likely see more job...

Majority of retrenched workers in Resorts World Sentosa were foreigners

Singapore -- The majority of the workers laid off by Resorts World Sentosa (RWS) last month were foreigners, leading to an increase in the share of local workers at RWS, according to the Ministry of Manpower (MOM) in a statement on Thursday (Aug 6). One...

MOM says retrenched employees at RWS mostly foreigners

Singapore—In a statement on Thursday (Aug 6), the Ministry of Manpower (MOM) said that the majority of the retrenched employees at Resorts World Sentosa (RWS) in July were foreigners. RWS had also endeavoured to cut costs and management salaries before it retrenched the workers. Around...

Woman worker, 60, dismissed suddenly because of “numerous complaints”

Singapore -- A 60-year-old woman received a letter terminating her services from a company where she worked for 13 years because of "numerous amounts of complaints received throughout the years". Her daughter, who highlighted the case in a Facebook post on Tuesday (June 16), has...

Expats in Singapore face an uncertain future amid economic crisis due to pandemic

Singapore—Expatriates in Singapore have also begun to feel the effects of the economic fallout of the coronavirus pandemic. Some are being asked to take sizable pay cuts, and others have lost their jobs completely, with a number of them facing a return to their...

MOM: Rise in unemployment rate due to ‘mismatch in the labour market’

Singapore—Data from the Labour Market Report released by the Ministry of Manpower (MOM) on October 24, Thursday, shows that Singapore’s overall unemployment rate has risen slightly in this year’s third quarter. The latest overall unemployment rate is at 2.3 percent, which is seasonally adjusted, shows...