Tech companies etc. : More retrenchments on the way?
#1

https://www.verdict.co.uk/20-tech-compan...s-in-2022/

20 tech companies suffering through mass-layoffs in 2022

The spectre of mass-layoffs is haunting the tech industry.

The Big Tech industry is suffering through a bloodbath right now. New companies constantly add their names to the list of businesses announcing mass-layoffs. A combination of market volatility and over-optimism caused by the pandemic has forced the industry to rethink its strategy for the future. Unfortunately for many staff members, that means they must now search for employment elsewhere.
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#2

https://www.cnbc.com/2022/11/09/tech-layoffs-2022.html

Here’s a rundown of tech companies that have announced layoffs in 2022


[Image: Tech-Layoff-2022-01.png]
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#3


Tech layoffs - the HARD truth! 
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#4


最慘的居然還沒來!科技股全面崩盤!歷史重演!大舉裁員!
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#5

No worries, sg are well protected and there are still many tech job here.
Haha, not I said wan lah

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#6

FTs retrench to go back home as millionaires

Do we need to be worried?

Why do we need 5 Mayors and 80 PAP Ministers? 
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#7

https://www.youtube.com/watch?v=r8iSIi5Katc
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#8

Just a start …. later non tech will follow … just like dot.com bubble burst

KTV妹妹说,香港人无义,台湾人无情,新加坂人无智 Big Grin
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#9

Yes, I think mostly coming late as many see no future now so cut first
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#10


More layoffs expected in tech industry in coming months: Experts
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#11

PaP will have sweet dreams. I am so envious of them again.
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#12

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#13

Cryto companies next?

Crypto.com, CoinGecko, Enjin, Zilliqa, Kyber Network, Coinhako, Zipmex. . .

There are 500 of these around

Why do we need 5 Mayors and 80 PAP Ministers? 
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#14

I will say Google, Grab also but some told me Google should be the " last " in line.
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#15

USD rise has cause fallen demand of services and increase expenditure cost.
Those that live on credits need to cut faster.
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#16

(12-11-2022, 05:21 PM)Tangsen Wrote:  Just a start …. later non tech will follow … just like dot.com bubble burst

Bingo Laughing
2023 will be Hell...


Smile
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#17

(13-11-2022, 12:10 PM)Niubee Wrote:  Bingo Laughing
2023 will be Hell...

Actually i wanna see MOM/MAS still can " BS " or not , want to see how they release statement to the press ,

Oh employment rate high despite economics not good blah blah
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#18

My TA showed STI breakdown on Oct 2022 after so many hype and support. Starting downtrend for SG...


Smile
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#19

(13-11-2022, 12:12 PM)Niubee Wrote:  My TA showed STI breakdown on Oct 2022 after so many hype and support. Starting downtrend for SG...

ALWAYS REMEMBER SG DEPEND FROM USA AND CHINA , and other countries.

Even so call. "investor in SG " don't help end of the day STILL have to depend Global Economics status.

However , civil servants going to get their year end bonus As usual despite the " uncertain " next year
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#20

Tech companies and Finance companies are in trouble already. Next sector?

This is only the beginning.

“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
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#21

(13-11-2022, 12:54 PM)RiseofAsia Wrote:  Tech companies and Finance companies are in trouble already. Next sector?

my army friends still yaya spend like no tomorrow thinking their sectors are super safe
which is logistic , Pham industry and Telecom
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#22

(13-11-2022, 12:55 PM)[[ForeverAlone]] Wrote:  my army friends still yaya spend like no tomorrow thinking their sectors are super safe
which is logistic , Pham industry and Telecom

1 mth ago, tech company still fine. 1 mth later, start retrenchment and freezing OT.

“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
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#23

(13-11-2022, 01:00 PM)RiseofAsia Wrote:  1 mth ago, tech company still fine. 1 mth later, start retrenchment and freezing OT.

ONE Sectors surely No affect , of course is Public Sectors/Stat boards

SOON you will be hearing how many months they going to get for Year End bonus after mid year bonus.
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#24

This MAY bring down inflation....but not a guarantee.
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#25

No problem, Singapore can absorb many of them. Jo Teo said we'll add at least 20,000 digital jobs.

https://www.businesstimes.com.sg/governm...ephine-teo
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#26

Market no good now,,, celebrate Christmas first
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#27

https://www.channelnewsasia.com/business...112017_cna



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#28

PAP HUAT, ARH!

More FWs levy and much more Resident Income Tax from FTs to collect

While they must raise GST to help the poor . . . .more poor coming.

HAUT Arh!

Why do we need 5 Mayors and 80 PAP Ministers? 
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#29

those whom work in tech ..getting lay off is norm ..nothing new
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#30

https://www.bbc.com/news/world-asia-india-63619920


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