Dow Chemical to cut jobs
About 5000 jobs to be cut. -AFP
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45,000 new jobs for the taking
Most will need skills, says NTUC official. -ST
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Women lift employment rates to 17-year high
Government to help companies facilitate flexible work arrangements for women.
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DBS should redeploy staff to POSB
After controversial retrenchment at DBS, reader spots online ads that DBS subsidiary POSB is looking to fill executive spots. -myp |
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DBS may have carried out structural job cuts
Reader says hiring and retrenching staff at the same time is not unusual in many sectors of the financial industry.
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Lower pay rises in 2009: Poll
Average projected 4.2% basic pay rise for 2009 below last year's 5.1%, but better than expected. |
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Ma plans to create 100,000 new jobs
Taiwan leader tells of plan as unemployment rises to four-year high. -ST
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More applicants than jobs available
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S'poreans' top worry - jobs
Even before recession was announced, S'poreans feared unemployment and insufficient food. -ST
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They're paid at last but not all their claims true
Salary claims involving 48 Bangladeshi workers from three companies have been resolved. -TNP |
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Job losses worst since 1974
U.S. employers axed 533,000 jobs from payrolls in November. -Reuters
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KL gears up to help laid-off workers
Retrenchment fund and reserved jobs for locals among possible moves. -ST
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Flexible wages a strong selling point
Labour Chief makes call for companies to retain staff by swifty deploying other measures to cut costs.
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4.2% pay increase next year? Unlikely
NTUC chief and SNEF say Mercer's projections are unrealistic.
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Job cuts expected at Credit Suisse in S'pore
5,300 staff to be shed worldwide in major restructuring exercise.
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UBS may cut 4,500 more jobs
It already announced about 9,000 job cuts, mostly in investment banking. -Reuters
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Laid-off workers won't leave
They are angry with their former bosses, who they say gave them only three days' notice, and the company's creditors. -ST
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Bosses planning staff cuts: Poll
Bleak outlook for jobs as half of 600 surveyed may cut staff in Jan-March. |
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Merrill CEO 'seeking $15m bonus'
Merrill was not available for comment.
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Malaysians taking too much sick leave
KUALA LUMPUR- Malaysian employees in the private sector took an average of 4.2 days of medical leave last year. -NST
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Smaller pay jumps ahead
KUALA LUMPUR- Pay rises and increments next year are likely to be smaller because of the global economic downturn. -NST
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Retrenchment should be last resort: CapitaLand chief
His view on retrenchments arises from the perspective of a real estate business, where manpower costs are a relatively small component of overall cost structure. -ST
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Singapore turns tepid for job seekers: poll
Singapore one of the least likely places to find employment.
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57% of employers plan to continue hiring: report
7% expect to reduce staff numbers, 36% plan to maintain current headcount. |
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Key finance exec but... Hired on contract
Over half of S'pore firms polled see this as good solution to tight staffing. -ST
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BNP Paribas to hire more staff here
Analysts say French bank's plans a boost to wealth management industry. -ST
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Match retraining to job opportunities
Job seekers should also have realistic expectations when they go for interviews.
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She turns down job offer with higher pay
Prospects at the proposed job were better than at her last job, as a part-time general worker at a voluntary welfare organisation. Her reason: The workplace was too far. -TNP |
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In five minutes, his life changed
Alvin, a former DBS relationship manager, is bitter because he is jobless. Other relationship managers were among the 450 Singapore employees let go by DBS last month. -TNP
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Financial crisis was beyond our control
Not all DBS employees are disgruntled at being given the axe. |
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Why DBS retrenched
A DBS spokesman lists reasons defending the retrenchment exercise.
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BNP Paribas to hire more staff here
Analysts say French bank's plans a boost to wealth management industry. |
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Key finance exec but... Hired on contract
Over half of S'pore firms polled see this as good solution to tight staffing.
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BNP Paribas to go on hiring spree
French bank plans to hire 100 more staff for Asia, of which 80 will be S'pore-based. |
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Fate of BoA staff in S'pore still unclear
The company announced that it would slash 30,000 to 35,000 jobs across the world over the next three years. -ST
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New training schemes for shipping staff
Move by industry to boost employee skills, save jobs in current downturn. |
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Saving jobs
The crux of the matter is to make retrenchment the very last resort for companies facing a crisis.
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Happy to hang on to their jobs
Her company has cut overtime but Lee, a single mother, can't complain.
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4% pay rise unrealistic: Analysts
Expect pay to be stagnant or rise 3% at most, economists and HR firms say.
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Parkway to cut staff, salaries
Up to 4% of its staff will be laid off. -Reuters
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Despite recession, many jobs are awaiting S'poreans
Govt will accelerate hiring plans in the next few years.
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Retrench? Shell needs more manpower
Shell's regional expansion is driven by strong demand for lubricants in industrialising countries such as China. |
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Real wages continue their slide
Financial services, administrative and support services the hardest hit.
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How scheme benefits firms
Up to 90 per cent of workers training or salary will be paid for by Government. |
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Japanese company Spurs workers on
Murata is first to use scheme to train, keep staff during downturn.
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Firms paying bonus, paring salary hikes: survey
Companies going ahead with bonuses for 2008 remains largely unchanged. |
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BNP Paribas posts CIB loss, could cut 700 jobs
It had also been hit by American financier Bernard Madoff?s alleged fraud. -Reuters
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Needed: People who can engage China
S'pore needs to co-opt 50 Chinese steeped in the culture each year. |
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NWC will revise wage guidelines
Economy has turned for the worse since Sept; council to meet in January.
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2,000 vie for 800 positions at job fair
Some have lost jobs while others are just taking precautions. |
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Sands to redeploy axed Macau staff in Singapore
Macau's giant Venetian casino has cut the work week for its casino workers and laid off 500 staff.
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Investment bankers in Asia braced for more layoffs
Layoffs in the industry could soon slice more than 1,000 jobs in Wall Street and European banks in Asia. -Reuters
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The risk of "pillow talk" between PR staff and spouse
Insider-trading case shows how sensitive info can be leaked. -Reuters
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All I want for Christmas is . . . my job!
Best X'mas gift for Aussie bankers is their job as straw poll finds they see 88% chance of keeping current job.
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Unpaid vacations, the new leisure
Shorter working weeks and short-term shutdowns allow firms to retain valuable workforce for when business picks up.
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With Singapore Flyer grounded, retailers on-site see sales plunge
However, businesses say they are not demanding compensation from the management. |
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Hiring?Check these video CVs
Some job seekers use them to stand out, but expert says tactic is a double-edged sword. -myp
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Numbers of part-time, contract staff set to grow
The problem is temps rarely receive medical benefits and CPF contributions. |
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Term of five to seven years 'plenty' for CEO
Final compensation can be paid 3 years after the chief exec has left: Insead dean.
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Employers swayed, workers get paid
Construction company said achange of staff led to the delay in wage payments.
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'Let's tell MOM'
Nanny state? Some foreign workers like it. One group of 200 gets speedy results after gathering at ministry yesterday.
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Foreign worker troubles
Everytime there is an economic downturn, cases of unpaid wages escalate: MP |
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'Don't want to work for less pay? Don't work then'
Construction company refuses to let workers work after they refuse to sign forms for lower pay.
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SIA may ask cargo pilots to take leave
Airline looks to cut costs, avoid layoffs amid tough business environment. |
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The changing state of bonuses on Wall Street
Wall Street is a talent business, not all that different from sports or movies. This year bonuses will take a cut, but will still be paid.
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Who's helping the white-collar workers?
Mr Let Fly says they're the silent sufferers in this recession. |
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