By Teo Cheng Wee

KUALA LUMPUR: The Malaysian government is mulling over measures such as forcing companies to reserve jobs for locals, and to advertise all vacancies on its job website as it prepares for a wave of retrenchments next year.

Human Resources Minister S. Subramaniam said his ministry is also considering a national retrenchment fund to help displaced workers.

How the government handles the economic situation will be crucial, as major layoffs could have serious implications for a ruling party already in disarray.

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