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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 …
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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 …
As you cower under the worst economic storm since Singapore’s independence, here’s some shelter from the Government…an adult S’poreanYou get:Twice as much GST credits and Senior Citizens’ Bonus this year.This is to help you cope with unemployment or a drop in income level.The extra amount will be paid on 1 Mar and will be on ...Related …
ST Electronics, a subsidiary of Singapore-listed company ST Engineering, will cut staff bonuses in half this year without prior warning, citing the current financial situation as a reason. …
Lotus Tan, director of corporate communications, Asia-Pacific, Seagate Singapore said:‘This is a global exercise which includes Singapore’ Seagate employs around 9,000 people in Singapore.Related posts:Update: Seagate Cuts 6% of Jobs Globally, Reduces CEO Pay 25% [singlepic id=19 w=160 h=120 float=center] Jan. 14 (Bloomberg) — Seagate...Seagate senior …
THE Defence Ministry has 2,000 military and administrative positions to fill in the next few months. It is casting the net wider and targeting school leavers and mid-career workers. Mindef employs over 30,000 uniformed and non-uniformed personnel, excluding enlisted National Servicemen.vis Straits TimesRelated posts:MoH to step up hiring drive THE Health Ministry will speed …
SINGAPOREAN employers have been urged to do their utmost to save Singaporean jobs in this downturn, which could mean letting foreign workers go — not renewing their contracts or laying the …
SINGAPORE: United Workers of Electronic and Electrical Industries, or UWEEI, is expecting another 2,000 to be laid off in the first quarter of this year alone.This time round, some companies are taking extra steps to help their affected workers.57-year-old Madam Gayah Sarimon is one of 215 workers STMicroelectronics retrenched less than a month ago.She ...
One of our readers just sent us news that Seagate Singapore is going through a retrenchment exercise this week. With a number of employees, including supervisors being laid off.Retrenchment package for those who worked for less than 3 years is only 2 weeks pay.If you have any more intel on the restructuring exercise at Seagate, ...This is a content summary only. Click to view …
Teachers at NTUC First Campus can expect a pay increase of some 8.4 per cent this year.Previously known as NTUC Childcare, the Group hopes to retain and attract new teachers as it ramps up operations to meet increasing demand in the pre-school sector.Saifulbahri Ismail with the details :Companies might be busy freezing or cutting salaries, ...
MELBOURNE: Australia’s city of Melbourne has become the H1N1 flu capital of the world, according to a report, as the country’s confirmed tally of the disease soared to 1,009.Some 874 of the infections have been detected in the southern state of Victoria, with most of those cases concentrated in the north and west of the ...
1. The National Wages Council (NWC) has completed its deliberations on wage and wage-related guidelines for 2009/2010. 2008 Economic, Labour Market, Productivity, Wages and Inflation Trends 2. Singapore’s economic growth slowed to 1.1% in 2008, significantly lower than the 7.8% growth in 2007. In particular, the fourth quarter of 2008 contracted ...This is a content …
Seagate Technology (SEG) today said it will slash another 8,600 jobs worldwide, greatly expanding cost-cutting efforts as demand for its products continues to stall.The layoff announcement adds to Seagate’s earlier statement that it would cut 1,400 jobs. All of the layoffs will take place before the end of the March quarter, reducing the storage and ...
PLANS to fill its 10,000 vacancies by next year are on track, but filling some of the casino and theme park management jobs at Resorts World at Sentosa has been more challenging..Said the …
IT SERVICES company Fujitsu Asia on Tuesday opened a $15-million data centre in Changi - its third in Singapore, and fourth in the Asean region.The data centre, which has ‘green’ energy-efficient features, is expected to create ‘hundreds of jobs’, said the company’s president for Singapore operations, Mr Masaki Kajiyama.The jobs will be spread …
Marina Bay Sands’ parent company has beefed up its Asian management team.Las Vegas Sands announced that it has added 2 new senior executives to its Asian team.Leonard DeAngelo will be the senior vice president of Asia operations, while Nigel Roberts is appointed president of the Marina Bay Sands integrated resort.The company said the additions will ...This is a content …
SINGAPORE: Accounting firm KPMG LLP (Singapore) will cut salaries of middle to top management staff from February. The salary reductions will range between 5 and 7.5 per cent.KPMG said sta …
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