More retrenchments in Singapore’s tech sector, with 1,270 local workers affected since July

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

This is an increase from the 260 local workers in the tech sector who were retrenched in the first half of 2022.

and Shopee are among the tech companies that have laid off workers in Singapore this year.

"Based on available labour market data, 260 residents were retrenched in the first half of this year, as compared to the increase of 7,000 residents employed in the sector." "This suggests that retrenched non-tech workers had also found employment opportunities across the I&C sector and the larger economy," said Dr Tan.

In addition, half of the retrenching tech firms between July and mid-November have engaged outplacement partners or tapped into their industry networks to provide career transition services for their affected workers.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Govt trying to convince more people to get into tech sector 😂

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Taiwanese cast their votes in local polls that will have implications for the island’s futureThe most closely watched race this year is for the Taipei mayorship. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »

Local Bus Trip In Ibaraki, Tochigi And Fukushima Prefectures - Part 2A steak restaurant serving Tochigi Wagyu beef and a modern Japanese-style inn with a natural hot spring are among the places featured during the 'tag' game between the Tagawa and Matsumoto teams.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Beijing-friendly KMT’s huge win in local elections does not mean Taiwan is pro-China: AnalystsMidterm elections in Taiwan are primarily concerned with local issues and the personality of candidates. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »

Taiwan President Tsai resigns as chair of ruling party after it suffers major defeat in local electionsThe mayoral seat in Taipei was won by the rising star of the opposition Kuomintang, Mr Chiang Wan-an. Read more at straitstimes.com. Shame on Nancy's ego Don't come, Don't come. Citizens are innocent victims. Shame straits_times Don't be a mouthpiece for USA. Biden Will destroy Taiwan, just like Ukraine.
Source: STForeignDesk - 🏆 4. / 71 Read more »

Taiwan President Tsai Ing-wen resigns as head of ruling Democratic Progressive Party following local election lossesTAIPEI: Taiwan President Tsai Ing-wen resigned as head of the ruling Democratic Progressive Party following local election losses on Saturday (Nov 26) suffered by her party. Voter From dai tsai to bang tsai All gov't that practise 'party before country' will fail.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »