More challenging times
It is predicted that there will be over 30,000 retrenchments during this financial crisis. -ST
Shuli Sudderuddin
Sat, Jan 10, 2009
The Straits Times
THE first two quarters of this year are likely to be more challenging as the economy continues to weaken and the labour market soften.
This is why retrenchment may pick up after the Chinese New Year, said Acting Manpower Minister Gan Kim Yong on Saturday.
However, he assured workers that the government has put in place measures to help them.
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