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Analysis: Citigroup’s layoffs, ‘sweeping’ restructuring in uncertain economic period unlikely to affect Singapore’s financial sector SINGAPORE — Citigroup’s plans to reorganise management and cut jobs came as no surprise to analysts and economists, who said that the uncertain macroeconomic environment, along with stiff competition from emerging financial technology companies, have made it necessary for banks such as Citi to s...
https://www.todayonline.com/singapore/explainer-what-changes-monthly-cpf-ceiling-mean-you-2243641
Explainer: What changes to the monthly CPF ceiling mean for you SINGAPORE — For some Singaporeans, their take-home pay might look slightly different this month. During Budget 2023, Deputy Prime Minister and Finance Minister Lawrence Wong announced that the monthly salary ceiling for the Central Provident Fund (CPF) will be raised in stages from S$6,000 to S$8,...
https://mothership.sg/2023/07/sport-science-grad-switch-tech-imda-tesa/
S’pore sport science grad shares how she pulled off switch to tech role with no prior tech training Seizing opportunity.
Singaporean students worry about impact of remote work Many looking for work-life balance – but concerned about social connections with colleagues
After decades heading culinary teams in five-star hotels, these chefs now serve hospital patients Having built their career in top hotels around the world, these chefs gave up the glamour of hospitality for a hospital's kitchen. They tell CNA about the challenges – and fulfilment – that came with their career pivot.
https://m.facebook.com/story.php?story_fbid=10159188321512115&id=129011692114&mibextid=qC1gEa
Teen reunites with Singapore Airlines stewardess 13 years later through Tiktok SINGAPORE - They met for the first time on a 13-hour flight from London to Singapore in 2010, but two Singapore Airlines (SIA) stewardesses made such an impression on Dominick Lee O'Donnell and his family that they became his childhood heroes. Read more...
Commentary: Rethinking salaries — when is it too much or too little? My 25-year-old friend lamented to me recently: “I was so happy to start my working life, then I had to read the news.”
Accenture cuts jobs, trims forecasts on worries of lower IT spending ACCENTURE on Thursday (Mar 23) lowered its annual revenue and profit forecasts and said it would cut about 2.5 per cent of workforce, or 19,000 jobs, the latest sign that the worsening global economic outlook was sapping corporate spending on IT services. Read more at The Business Times.
https://www.todayonline.com/singapore/ex-hr-exec-panicked-fail-renew-ep-forged-document-2133326
Jail for ex-Crystal Jade HR executive who 'panicked' and forged paperwork after failing to renew colleague's employment pass SINGAPORE — Despite realising that she had failed to successfully submit a renewal application for a Crystal Jade manager’s employment pass, a human resource (HR) executive working for the restaurant chain repeatedly lied to him that the application was successful.
'Poorly executed' layoffs aimed at quickly cutting costs could hurt firms' image and spark staff exodus, say experts SINGAPORE — From locking employees out of their emails to firing them while they were in the middle of a business trip, the manner in which employees in the technology field have been brutally axed in recent days is a way to quickly cut costs but is not an industry norm, human resources (HR) exper...
Layoffs in Singapore rise to 1,120 in Q3, driven by tech firms SINGAPORE - Retrenchments in Singapore increased in the third quarter of this year, up from the previous quarter’s record low, while the overall tightness in the labour market eased with job vacancies dropping for a second straight quarter. Read more at straitstimes.com.
Smart robots help F&B businesses deal with manpower shortages An unmanned mock-up cafe at Chillax 2022 shows how F&B outlets can set up automation to the point where they can function without waiters and servers.
Meta lays off at least 50 employees in S’pore as it cuts 11,000 jobs worldwide There are at least 10 affected employees here. They found out on Thursday morning via e-mail. Read more at straitstimes.com.
24k more nurses, healthcare staff needed by 2030 as S'pore ages MOH estimates that Singapore will need 82,000 nurses, allied health professionals and support care staff by 2030. Read more at straitstimes.com.
Just for laughs. TGIF! ❤️
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'No student should go hungry': Professional chef sells affordable canteen food at Deyi Secondary School "The most enjoyable part of running a stall is when I see the same faces coming back to purchase my food."
So true
You Don't Need to Meet Every Qualification to Apply for a Job One of your biggest concerns as a college graduate is landing your first job. But when you look at the qualifications in many role descriptions, you may worry that there's no way you'll get the job, never mind an interview. The reality is that you don't...
LinkedIn unveils the top 15 companies in S'pore, and they're all currently hiring Looking for a new job?
S'pore's financial sector on hiring spree, with a third of over 9,400 new jobs in tech: MAS chief MAS estimates there were more than 3,000 Singaporeans in senior finance roles last year. . Read more at straitstimes.com.
'Our jobs are coming to an end; it's bittersweet': Concierge supervisor who became swabber Mr Muhammad Shafiq Romaino became a swabber after he was retrenched from his job. Read more at straitstimes.com.
Down come the barriers at malls and restaurants as S'pore lifts Covid-19 curbs Vaccination-differentiated safe management measures will no longer be in force in most settings from Tuesday. . Read more at straitstimes.com.
COVID-19 group size limit to be removed in Singapore, all employees can return to the workplace from Apr 26 SINGAPORE: There will no longer be limits on group sizes for social gatherings from Apr 26 as Singapore moves to further ease COVID-19 measures. Safe distancing will no longer be required between individuals or between groups, announced the multi-ministry task force on Friday (Apr 22).
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Passenger movements at Changi Airport cross 1 million mark for first time in 2 years About 1.14 million passengers passed through Changi Airport in March, marking the first time the one million mark has been crossed since borders were shut at the onset of Covid-19 two years ago. This means passenger traffic last month stood at just 20.3 per cent of what it...
Great Resignation Isn’t Slowing and May Persist, Randstad Says The Great Resignation shows no sign of easing and a dwindling supply of workers may be here to stay, according to Randstad NV, a global provider of employment services.
How has it been for you?
https://www.bloomberg.com/news/articles/2022-04-01/employees-are-returning-to-office-post-covid-just-to-sit-on-zoom-calls?utm_campaign=instagram-bio-link&utm_medium=social&utm_source=instagram&utm_content=business
Employees Are Returning to the Office, Just to Sit on Zoom Calls Those at companies pushing for in-person work are asking: What’s the point, if we’re still meeting online?
Billionaire Charoen Sirivadhanabhakdi’s Frasers Property To Invest $298 Million Into Factories And Warehouses Frasers Property Industrial (Thailand) said it will invest 10 billion baht to develop more factories and warehouses in Thailand and overseas.
Where can you go without a mask in Singapore: What's considered indoor and outdoor settings Do you still need to wear a mask in a lift or a hawker centre? Read more at straitstimes.com.
Li Hongyi hopes to attract more tech talents to work on important matters like healthcare & education: Zaobao Li noted that there remain tonnes of paperwork and things that are done manually in these sectors which tech can possibly help automate.
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