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Why are there so many retrenchments in Singapore?

Summary by sgtalk.net
"Why are there so many retrenchments in Singapore? Restructuring, rising employment cost and slow growth forecast are among factors leading to job cuts. UOB senior economist Alvin Liew said the “earlier rounds of retrenchments” may have been caused by a combination of economic uncertainty, rising interest rates and cases of overhiring during the pandemic. 8 Nov 2024" https://www.google.com/search?q=singapor...ntensified&oq=singapore+retrenchmen…
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Why are there so many retrenchments in Singapore?

"Why are there so many retrenchments in Singapore? Restructuring, rising employment cost and slow growth forecast are among factors leading to job cuts. UOB senior economist Alvin Liew said the “earlier rounds of retrenchments” may have been caused by a combination of economic uncertainty, rising interest rates and cases of overhiring during the pandemic. 8 Nov 2024" https://www.google.com/search?q=singapor...ntensified&oq=singapore+retrenchmen…

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sgtalk.net broke the news in on Tuesday, March 25, 2025.
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