[[[ForeverAlone]]]

https://www.bbc.com/news/world-asia-india-63619920
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Will be BAD ON SG especially locals IT grads or those happen switch to IT

as these CECA IT been retrench ones will be trying to fighting for a IT job in SG.

[Ola]

Will be BAD ON SG especially locals IT grads or those happen switch to IT

as these CECA IT been retrench ones will be trying to fighting for a IT job in SG.

You think that heartless Shoot Blank Queen cares? 

Even Si- Long will implement his Compass Framework in Sept 2023

giving FTs 18 MTHS chance to apply for PR

to make it easier for them to replace citizens in their jobs

[[[ForeverAlone]]]

You think that heartless Shoot Blank Queen cares? 

Even Si- Long will implement his Compass Framework in Sept 2023

giving FTs 18 MTHS chance to apply for PR

to make it easier for them to replace citizens in their jobs

I see SG now becoming more like MAGA Civil services
like that what the future become ?? Everyone become civil servants

than how to pay them? so call get foreigner investors, rich one tax them to top up the public funds ??

[Tangsen]

Troublesome nature of these lazy leeching sewage ganges CECA dirty little baboons

[cityhantam]

221120【超过10万了！美国硅谷裁员还在继续。。。精英一夜变叫花子】【美丽风景线】【一日暴乱，巴黎如同战后】【寒梅视角】
.
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[cityhantam]

https://www.straitstimes.com/business/hp...nd-falters

HP cutting up to 6,000 jobs over next three years; Singapore impact unknown

NEW YORK - HP will eliminate 4,000 to 6,000 jobs over the next three years amid declining demand for personal computers that has cut into profits.

To manage costs, HP will cut as much as 10 per cent of its 61,000-employee global workforce over the next three years and reduce its real estate footprint, chief executive officer Enrique Lores said on Tuesday.

On the impact to the Singapore workforce, an HP spokesman told The Straits Times: “We are not disclosing any region or country details.”
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[[[ForeverAlone]]]

https://www.straitstimes.com/business/hp...nd-falters

HP cutting up to 6,000 jobs over next three years; Singapore impact unknown

NEW YORK - HP will eliminate 4,000 to 6,000 jobs over the next three years amid declining demand for personal computers that has cut into profits.

To manage costs, HP will cut as much as 10 per cent of its 61,000-employee global workforce over the next three years and reduce its real estate footprint, chief executive officer Enrique Lores said on Tuesday.

On the impact to the Singapore workforce, an HP spokesman told The Straits Times: “We are not disclosing any region or country details.”
.
.

Mainstream media indeed " Control BY PAP , AND run By Ex PAP Minister "

what Singapore impact unknown ?? Just honestly say

today again put as if GDP all along good like that what " FIRST " Decrease

Come on ! BE SMART READERS , SG DEPEND FROM USA AND CHINA literally from other countries

IF Global recession is there , SG can avoid ??? BS of mainstream

I only know LOL Soon announcement of Civil Servant Year End Bonus.

[whylah]

Why so many are retrenching.?
So simple, many come from Uptron or similar kinds of so called certification.
Worst part of all, the whole kampong also come along, something like package deal.
When it reach saturation point, this is what many of these companies will do.
Let see how many more ceca can sg continue to import..?

[[[ForeverAlone]]]

Why so many are retrenching.?
So simple, many come from Uptron or similar kinds of so called certification.
Worst part of all, the whole kampong also come along, something like package deal.
When it reach saturation point, this is what many of these companies will do.
Let see how many more ceca can sg continue to import..?

Now a days you GOOD IN BS Can Sneak in SG for sure...

[cityhantam]

https://www.marketwatch.com/story/google...1669222278

Google looks to shed 10,000 ‘poor performing’ workers: report

Another major tech titan is bracing for thousands of layoffs.

Alphabet Inc.’s GOOGL, -1.02% GOOG, -1.23% Google is considering 10,000 layoffs — or 6% of its worldwide workforce — based on a ranking system that would eliminate the lowest-ranked “poor performing” employees, according to a report in The Information.

[[[ForeverAlone]]]

https://www.marketwatch.com/story/google...1669222278

Google looks to shed 10,000 ‘poor performing’ workers: report

Another major tech titan is bracing for thousands of layoffs.

Alphabet Inc.’s GOOGL, -1.02% GOOG, -1.23% Google is considering 10,000 layoffs — or 6% of its worldwide workforce — based on a ranking system that would eliminate the lowest-ranked “poor performing” employees, according to a report in The Information.

Means SG Google surely got affect , I don't believe don't have or " MOM , Minister going to BS again "

[cityhantam]

https://techcrunch.com/2022/11/30/doorda...-expenses/

DoorDash lays off 1,250 employees to rein in operating expenses

DoorDash is laying off 1,250 people in an effort to rein in costs, the company’s CEO Tony Xu said in a message to employees on Wednesday. Xu’s message notes that the pandemic presented unprecedented opportunities to serve merchants and consumers, and as a result, DoorDash sped up hiring to catch up with growth. Xu says although most of the company’s investments are paying off, it did not properly manage team growth.

“Most of our investments are paying off, and while we’ve always been disciplined in how we have managed our business and operational metrics, we were not as rigorous as we should have been in managing our team growth,” Xu wrote. “That’s on me. As a result, operating expenses grew quickly.”

[RiseofAsia]

Next will be financial sector. Song Boh!

[RiseofAsia]

Wall Street layoffs pick up steam as Citigroup and Barclays cut hundreds of workers

https://www.cnbc.com/amp/2022/11/09/wall...rkers.html

[webinarian]

With ban of sale to China, sale dropped and China develop new tech, US tech firms revenues fall, die standing lah.


.

[RiseofAsia]

With ban of sale to China, sale dropped and China develop new tech, US tech firms revenues fall, die standing lah.


.

Huawei has returned.

[RiseofAsia]

https://www.huaweicentral.com/huawei-pat...pment/amp/

[RiseofAsia]

https://www.digitimes.com/news/a20221130...uawei.html

[Ola]

Jac Fart will tell them

PAP signed CECA with India and they have jobs here in SG

They are entitled to rob jobs outside India because they are FTs

Even Robbers can now claim they are Entitled to Rob everyone and everywhere

[cityhantam]

https://www.straitstimes.com/business/hs...ly-sources

HSBC cutting at least 200 senior operations managers globally: Sources

HONG KONG – HSBC is cutting as many as 15 per cent of its 2,000 senior operations managers worldwide, as it attempts to streamline its management ranks and reduce costs, two sources with knowledge of the matter said.

The global job cuts at the bank will fall across several business units and geographical locations and result in the loss of at least 200 positions, mostly with the title of chief operating officer (COO), the sources said.

HSBC, which used to position itself as the world’s local bank, employs many COOs because country and business lines have their own separate COOs, the sources said.

[Hfourhappy]

Next year might be even more worst.
Brace...

[[[ForeverAlone]]]

I suspect Intel also will

[cityhantam]

https://www.channelnewsasia.com/singapor...on-3117911

Carousell cuts 10% of total headcount to reduce costs

The company's chief executive Quek Siu Rui said that only employees from some business units were affected.

SINGAPORE: E-commerce platform Carousell announced it is cutting 10 per cent of the group's total headcount, or about 110 roles, as part of efforts to cut costs.

The company's chief executive Quek Siu Rui said on Thursday (Dec 1) that only employees from some business units were affected. Those affected were informed by email and were also invited to a meeting with a team leader and a human resources business partner.

[cityhantam]

互联网时代结束？中美大厂都很困难！持续创新才有出路
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[[[ForeverAlone]]]

Google should be starting any thing since they leak out some news of retrenchment on those " cannot make it ones "

Is more interesting on SG side , I want to see MOM got " act blur " OR NOT.

[cityhantam]

From CNN to Paramount, Media Companies Cut Jobs as Pressures Mount

Entertainment and publishing firms look to trim costs amid streaming losses and ad slowdown

An advertising slowdown, economic worries and strains of the shift to streaming have many major media companies in cost-cutting and layoff mode.

News organizations, TV networks, movie and television studios, and entertainment giants laid off hundreds of workers over the past week alone, including Warner Bros. Discovery Inc.’s WBD -0.69%decrease; red down pointing triangle CNN and Paramount Global PARA 1.04%increase; green up pointing triangle‘s television-production units.

The moves come after many entertainment companies spent the past few years spending heavily on streaming services that are now a drag on financial results. Traditional broadcast and cable television, meanwhile, continue to face viewer and subscriber erosion.

Add on fears of a recession and a slowdown in ad spending, and an industry that managed to survive and in some cases thrive as audiences swelled during the Covid-19 pandemic is now in retreat.


https://www.wsj.com/articles/cnn-gannett...1670043844
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[cityhantam]

Major Layoffs Hit the Media and Entertainment Industries — Here’s the Latest

Thousands have been laid off in social media, streaming services and news.

Thousands of people working in media and entertainment have been laid off in the past few weeks, and there is little sign the economic conditions driving them will let up soon.

https://observer.com/2022/11/major-layof...he-latest/

[debono]

Google should be starting any thing since they leak out some news of retrenchment on those " cannot make it ones "

Is more interesting on SG side , I want to see MOM got " act blur " OR NOT.

MOM will tell a different story, will try to paint an impressive picture of the situation..........

[[[ForeverAlone]]]

MOM will tell a different story, will try to paint an impressive picture of the situation..........

actually I don't know why our Govt still play this " trying to cover with so call Good positive news "

Hey come on, last time during LKY days can work but now the year is going to 2023 don't work

Still can brag about IT , Technology??? Think the current gen or even adults don't know how to see REAL HARD TRUTHS Around the world what happening now via Internet ??

Now is EPIC IS , REAL NEWS Will get PMOFA whereas FAKE NEWS will not.

[debono]

actually I don't know why our Govt still play this " trying to cover with so call Good positive news "

Hey come on, last time during LKY days can work but now the year is going to 2023 don't work

Still can brag about IT , Technology??? Think the current gen or even adults don't know how to see REAL HARD TRUTHS Around the world what happening now via Internet ??

Now is EPIC IS , REAL NEWS Will get PMOFA whereas  FAKE NEWS will not.

So sad. real news will get PMOFA, we are screwed.......