[Talent]

The Tech Space right now:
Meta (Facebook) - Layoff announced
Microsoft - Layoff announced (Estimated 1000 employees terminated)
Apple - Hiring freeze announced recently
Amazon - Hiring freeze announced recently
Robinhood - Terminated 23% of employees
Intel - Terminated 20% of employees
Snapchat - Terminated 20% of employees
Coinbase - Terminated 18% of employees
Lyft - Terminated 13% of employees
Stripe - Terminated 14% of employees
Shopee - Layoff announced

----------

Google - Going strong
Netflix - Going strong
Nestia - Surviving 😎

[[[ForeverAlone]]]

Google " might be next on line " but tricky is CEO Is CECA , surely protecting his own foreigner indians in USA.
IF He go sack the white, you will get it , He has to remember he is in USA not SG

[Talent]

my estimates as below

Meta (Facebook) - 14,000
Microsoft - 1000
Apple - 0
Amazon - 0
Robinhood - 5,000
Intel - 30,000
Snapchat - 20,000
Coinbase - 50
Lyft - 5,000
Stripe - 10,000
Shopee - 25,000

110,000
say 10% from sg
so 11,500 affected locally
and say 50% FTs 6,000

6000 out of singapore soon
rental market affected

[Talent]

all of u useless cannot estimates

[[[ForeverAlone]]]

my estimates as below

Meta (Facebook) - 14,000
Microsoft - 1000
Apple - 0
Amazon - 0
Robinhood - 5,000
Intel - 30,000
Snapchat - 20,000
Coinbase - 5,000
Lyft - 5,000
Stripe - 10,000
Shopee - 25,000

115,000
say 10% from sg
so 11,500 affected locally
and say 50% FTs 6,000

6000 out of singapore soon
rental market affected

why worry , Tons of Civil servants will be spending after mid year july bonus they going to get Year End bonus soon

[Sharexchange]

In singapore...actually MANY are no working "proper" fuĺl time jobs one...you may see them driving cars or bikes...but many are doing Delivery Jobs rather than Fulltime job....and its a time bomb for them...as many delivery platforms are slowly cutting incentivea and payout...as these platforms here are trying to gain more tractions and cutting office staffs to stay lean and reduce incentives (Grab being one of them) to reduce cashburn rate and trying to gain breakeven asap lor to maybe IPO..

[Talent]

the sacked
6000 FTs will compete with grab on delivery job
as they can remain in sg for 2 months

[[[ForeverAlone]]]

the sacked
6000 FTs will compete with grab on delivery job
as they can remain in sg for 2 months

STUPID , FT the status already tell you , they are foreigner talents.
Will just go for another company and most likely get hire , partly they can accept anything and work OT no need WFH

as locals what want WFH , 4 days work days , cannot OT yet want high pay

[Wy:Nox]

I am sure the Govt hope for 40, 000 or 60,000 retrenchment so that they can sleep well for the next 3 months. They need this bulk to go through the new Compass Framework.

[sogo]

Condos still everyone snatching. Hike rates jobless also ok

[Bigbluedot]

if FTs are fired they have to balek kumpong. cant even drive grab.

[Talent]

if FTs are fired they have to balek kumpong. cant even drive grab.

no 2 month grace to look for job

[singlon]

[singlon]

SGD continues to weaken against Money

[Tangsen]

I was chatting with an insurance company HR, she from ganges sewage CECA smelly land. Ask me got Singaporean IT people to recommend, they looking.

[Wy:Nox]

Did CECA bring the downfall of these tech giants? They either are too costly or just overrated. We all do not need so much high tech after all.

[[[ForeverAlone]]]

Did CECA bring the downfall of these tech giants? They either are too costly or just overrated. We all do not need so much high tech after all.

because they are good in " BS " Ang mo is not stupid buying this.

[ROFLMAO]

The Tech Space right now:
Meta (Facebook) - Layoff announced
Microsoft - Layoff announced (Estimated 1000 employees terminated)
Apple - Hiring freeze announced recently
Amazon - Hiring freeze announced recently
Robinhood - Terminated 23% of employees
Intel - Terminated 20% of employees
Snapchat - Terminated 20% of employees
Coinbase - Terminated 18% of employees
Lyft - Terminated 13% of employees
Stripe - Terminated 14% of employees
Shopee - Layoff announced

----------

Google - Going strong
Netflix - Going strong
Nestia - Surviving 😎

[Ola]

Some more coming . . .

More jobless citizens while FTs come under Unlimited Free & EAsy Access

https://www.msn.com/en-us/money/companie...r-AA1410ua

[Tangsen]

Now many companies will take this opportunity to cut some fat … everyone is doing it so they won't get too much heat …..
same same during the dot.com bubble …. POPS! Best is yet to come