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Jobs, jobs, jobs
MNCs like AIA are cutting jobs, and job woes abound as well elsewhere in Asia.
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He sues boss and gets: $100,000
If he had accepted the MOM assessment, he would have got only $4,410 for injuries which have affected his speech and facial muscles. -TNP |
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Employers, clean up your ads
Employers mask their identities and practice discrimination in job ads. Recruitment ads can also include bad grammar and spelling and, worst of all, a lack of clarity. -TNP
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What's more important than having no job?
When crunch time comes, would you rather take a lower-paying job or save face? |
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Banks should peg pay to risks: PwC
Reward structures need reform but no one wants to be first mover.
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Weaker job market as employers turn cautious
There could be higher retrenchment, says Acting Manpower Minister Gan Kim Yong. |
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Training funds to help workers cope
Firms may get funds to send workers for training during downturn.
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Foreign firms the favourite
Seven of the most popular companies eyed by Malaysian graduates for jobs are foreign. -NST
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China fishes for talent
As layoffs loom in New York and London, China spots rare opening to hire their banking staff.
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Bosses told: Forget layoffs, train staff
Employers should think twice about laying off staff. |
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S'poreans' pickiness about jobs puts employers off
Reader says it is untrue that employers prefer hiring foreigners because of lower wages. -myp
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Most junior staff spared
Laid-off employees will get job-search support, benefits for six months. |
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SingTel sees job cuts as a last resort
Q2 net profit down 12%; group looking to redeployment to cut operating costs.
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Be creative, DBS, to avoid layoffs
Other measures could have been considered instead of the layoff at DBS. |
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DBS, why wasn't MVC/AVC cut first?
Flexible salary system should have been the first line of defense for recession, not layoffs.
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Axe starts to fall at DBS Bank
First of hundreds told to go, with most to get news by tonight. |
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Sands to cut 11,000 jobs at Macau site
Sands insisted that Singapore integrated resort would go ahead. -AFP
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Job security major concern of S'poreans
Rising costs of living also figure at dialogue ahead of Budget '09. |
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DBS staff get layoff letters
Emotional staff reacts after letters inform them their services are no longer needed. -ST
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Surge in layoffs expected
It could be worse this time because the economic crisis is global.
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Layoffs: A need to work it out together
Most companies here support open dialogue and communication with labour unions.
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Bosses, before you lay off staff...
New guidelines for employers to make sure any retrenchment is done responsibly.
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Migrant workers cut adrift
Chinese workers cut adrift by the crisis swelling. -AFP
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Relooking deal on foreign labour
Joint committee to be setup between Malaysia and Indonesia. -The Star
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Goldman CEO forgoes bonus
Six other top officials to forgo bonus as well. -Reuters
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KL to lift work ban on foreign retirees
Move helps local, international firms boost talent pool.
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Layoff? FairPrice hiring more
Singapore's largest supermarket chain NTUC FairPrice says it will not retrench any of its 6,400 employees, even though the global economy is sliding into what many say could be the worst recession since 1929. -BT
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Nomura to axe ex-Lehman staff
It says it could not find suitable positions for them. -Reuters
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Cut top execs' bonuses
Outrage may force banks to eliminate year-end bonuses. -Reuters
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BlackRock to cut jobs
Cuts will be communicated to the affected employees this week. -Reuters
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Retrench only as 'last resort'
Govt, employers and unions urge companies to use other measures to manage excess workers.
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Guidelines on managing excess manpower
A detailed description of the guidelines drafted by MOM and its tripartite partners.
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NOL to cut 1000 jobs
Job cuts mostly in US, warns that outlook is grim. -Reuters
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Lead by example
Guidelines say 'the principle and spirit of leadership by example ... should prevail'.
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Air NZ cuts 200 jobs
Carrier aims to save NZ$20 million (S$16 million) annually through job cuts. -AFP
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Longer service, far better rewards
Airline aims to build loyalty and help those starting second career. |
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Cut in salary budgets seen at companies
Some 57% are also freezing their headcount now.
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Over 10,000 jobs available for those retrenched in Singapore
There has been no sudden surge of registrations so far. -The Star
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Only 'modest' staff cuts in Citi S'pore
Bank's business here profitable, with robust year-on-year growth.
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Govt commits $600m to manpower initiative
Programme aims to help companies and workers manage the economic downturn. -AsiaOne
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The Home Team steps up recruitment
MHA looking to fill 1000 vacancies for the Home Team. -AsiaOne
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S'pore Minister: Cut costs to save jobs
Labour chief Lim Swee Say says S'pore style is not cut jobs to save costs. -ST
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Pay cuts at Temasek
90% of wage savings borne by Temasek's key managers. -Reuters
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Pay cuts: Bosses to take the lead
Heads of six major firms pledge to bite the bullet; layoffs to be last resort. |
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Bank to lay off up to 250 in Singapore
Layoffs part of the 52,000 jobs axed worldwide by Citigroup.
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Now the dough will rise for this aspiring baker
Through SPUR, applicants can earn as they learn, solving many financial problems when it comes to learning new skills. |
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Tour guide gets help to return to work
SPUR offers subsidies of 80 per cent for higher training course fees.
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To ward off bankruptcy and mass layoffs
Serious effort by the Government to pre-empt layoffs through the economic downturn will help employees ride out recession.
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SIA not cutting salaries for now
Spokesman says there are existing mechanisms in place. -Reuters
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Big bonus cuts for top managers in DBS
Senior managers would see larger pay cuts than junior staff. -Reuters
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Google to cut contract workers: WSJ
But it has no plans at this time to lay off employees. -Reuters
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No bonus for Wall St execs
Obama: Bank executives should forgo their end-of-year bonuses. -AFP
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HK's civil service a hot choice for job seekers amid crisis
Civil Service Bureau received more than 24,000 applications for just 400 vacancies. -AFP
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AIG executives defer retention payments
They volunteered to postpone one installment until April 2009. -Reuters
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City of London mayor predicts 70,000 job cuts
This includes the jobs that indirectly depend on people in employment. -AFP
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Relief among S'pore staff
Citigroup staff can breathe easier now that the US government has agreed to bail out the bank. |
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Macquarie to cut Asia jobs?
It is cutting 10 to 15 per cent of jobs in Asia. -Reuters
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Training centre in new mall
The courses are largely aimed at front-line service staff from all levels. -ST
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Lower total pay package for DBS staff
While monthly salaries are unchanged, variable bonuses get slashed.
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Focus is to keep jobs
The Government will help workers get new skills and ensure that businesses can continue to operate. -ST
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30,000 to lose jobs in Japan?
Job cuts in the manufacturing sector make up two-thirds of the expected job losses. -AFP
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