'We Are Bleeding Jobs in Many Sectors': Singaporeans Share Worries of Businesses Pulling Out of SG
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'We are bleeding jobs in many sectors': Singaporeans share worries of businesses pulling out of SG
SINGAPORE: Concerns over businesses pulling out of Singapore have surfaced online following job cuts by Swedish fashion retailer H&M. The bulk of the cuts, which will affect nearly a third of its regional support workforce, are expected to come from Singapore. H&M is also moving its regional headquarters to Kuala Lumpur. With nearly 80% of new jobs last year going to foreign workers, alongside news of offshoring, some Singaporeans on r/singapore…
H&M staff in Singapore asked to reapply for jobs after regional restructuring
Swedish fashion giant H&M has asked employees in Singapore and other East Asian markets to reapply for jobs as part of a wider regional restructuring. The development follows earlier reports, … The post H&M staff in Singapore asked to reapply for jobs after regional restructuring appeared first on Scandasia.
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