Retrenchments doubled last year; here’s how to prepare for 2024 layoffs in Singapore

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Retrenchments doubled last year; here’s how to prepare for 2024 layoffs in Singapore

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26-03-2024, 07:30 AM

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Retrenchments doubled last year; here’s how to prepare for 2024 layoffs in Singapore

An honorable member of the Coffee Shop Has Just Posted the Following:

Retrenchments doubled last year; here’s how to prepare for 2024 layoffs in Singapore

ByAnna Maria Romero

MARCH 25, 2024

SINGAPORE: A recent report from the Ministry of Manpower (MOM) says that the number of layoffs more than doubled in 2023 and are now similar to pre-pandemic levels.

The Labour Market Report for the fourth quarter of 2023 showed that despite...

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