unreality 
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January 06, 2009
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A source just write in to tell us that AMD Singapore has started its retrenchment exercise today and will continue tomorrow. Number of lay offs is still unknown.This follows the ‘salary deduction exercise‘ which happened last week.If you are working at AMD or have more info on the retrenchment exercise don’t hesitate to contact us.Related ...This is a …
Oilfield services giant Schlumberger Ltd. (NYSE:SLB) has begun laying off hundreds of workers in the U.S. and around the world in the first of what experts say will likely be a wave of job …
IS IT time to take Singaporeans out of the comfort zone?In a controversial speech in Parliament last Wednesday, Nominated MP Loo Choon Yong said the move by the public and private sectors in 2004 to have a five-day work week could have eroded the Singaporean work ethic.The purpose of the move was to promote better ...
This follows the 10 job cuts Barclays announced last week.–BRITISH banking giant Barclays said on Tuesday that it will cut 2,100 jobs in its investment banking and wealth management units, with some positions in Singapore at risk.Barclays’ operations in Singapore include Barclays Capital, Barclays Wealth Management and Barclays Global Investors, employing more …
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Seagate Technology LLC (NASDAQ: STX | Quote | Chart | News | PowerRating) will move its Singapore-based factory to China in 2010, as an effort to cut manufacturing costs and raise profitability, according to Banseng Teh, the hard disk giant’s manager director for Asia Pacific sales.The Singapore factory will be closed next yearend, with its ... This …
ROYAL Bank of Scotland, rescued by the British government in the wake of the global financial crisis, said on Monday that it planned to axe about 3,700 jobs across its retail operations in Britain.‘RBS has begun a process of consultation with staff in the UK regarding a restructuring of its Retail Banking division that will ...This is a content summary only. Click to …
* Some of the staff joining Swiss bank BSI – sources* Two top RBS Coutts executives left few months back -sources* BSI building its Asian business(Adds details of Coutts bankers joining BSI)LONDON/SINGAPORE, Oct 13 (Reuters) – A third of the staff of the Singapore office of RBS Coutts, a private bank that is part of ...This is a content summary only. Click to view …
SINGAPORE’S unemployment will stay up for some time, even as the economy has decisively emerged from its worst recession and started to grow again.Sounding a note of caution, Prime Minister Lee said in the short term, the jobless rate may well rise above the second quarter’s 3.3 per cent.‘This is because unemployment numbers tend ...This is a content summary …
Breaking NewsSingapore’s Jobs Credit Scheme to be extended for 6 months on stepped-down rate; 1st payment in January 2010 based on 6% of workers’ salary, 2nd payment in April on 3% of salary—-SINGAPORE: The Singapore government has announced that it will extend the year-long Jobs Credit Scheme, which was supposed to end in December, by ...This is a content …
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