Tag: retrenchment
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WP asks for ‘updated growth model’ that benefits workers; PAP says approach ‘always built around Singaporeans’
WP MPs urged the government to consider minimum retrenchment benefits and unemployment insurance, while Minister of State Dinesh Vasu Dash said the government’s economic blueprint already makes similar recommendations.
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GovTech layoffs necessary to maintain quality of digital services for Singaporeans, says Jasmin Lau
GovTech officers in their 40s formed the largest age group of affected employees, accounting for about four in 10.
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Singapore employment grows in Q2 despite global uncertainty, even as retrenchments rise
Unemployment rates remained low and broadly stable, said the Manpower Ministry in an advance release of its quarterly labour force report.
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GovTech cuts 93 jobs in ‘first phase’ of transition to new operating model
Over the next two years, the agency is expected to let go of 7 to 9 per cent – or about 300 workers – of its total workforce.
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Does a degree mean job security? Recent retrenchment data challenges that assumption, say experts
“The traditional route that Singaporeans are being educated on is you study hard, get a good degree, and then you are able to get a job,” says a retrenched tech worker.
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Singapore retrenchments climb in Q1, with sharpest rise in incidence among degree holders, older workers: MOM
The notable shift in retrenchment incidence among higher-educated workers reflects the ongoing restructuring in the professional and knowledge-intensive sectors, says the ministry.
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NTUC concerned about employers presenting retrenchments as ‘new opportunities’ by asking workers to reapply for roles abroad
Some employers take this approach in order to avoid the optics of a retrenchment, say manpower experts.
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