Singapore 3rd biggest financial market just overtaken by Hongkong.
So don't need so many people
Bank layoffs should started last year because PAP said now jobs all AI
And bank system is also AI
Even if they lay off 20%, no big deal because those salaries are
often 30% to 50% higher than Non- Banks/ Non- IT
their savings can last 3 years at least
Meanwhile we need more MPs more mayors more senior ministers more more more
EPIC , isn't MOM Brag recently employment rate increase? They claim from Financial sectors leh.
Bank IT are good pay. IT now are useless jobs and just doing their repeating daily, monthly, Q and YR stuff. Mostly brain dead and tedious. Unless u are in Biz Dev or Sales but squeezed by CEO or Sales director.

Hong Kong widens lead over Singapore as Asia’s top financial centre, report shows
Nine of the top 20 global centres maintained their ranking, suggesting confidence in the financial sector amid slow economic growth"
https://www.scmp.com/business/banking-fi...c%20growth
(21-03-2025, 07:05 PM)red3 Wrote: [ -> ]Meanwhile we need more MPs more mayors more senior ministers more more more
It’s a bad omen. When the economy is bad, none of the MIWs were retrenched.
Hope many layoff will vote for ruling party or not