HR Industry - More foreign companies announced retrenchment (last working day in Feb/Mar/Apr) after Christmas Holidays.
About 1000 white collar professionals projected to be retrenched in Singapore in the months ahead because high-paying jobs are leaving Singapore.
I think our country is going in the wrong direction, we are paying blue-collar jobs and civil service very well now but losing white collar jobs in private sector due to soaring business costs and strong SGD. Life is not easy for the people now; many livelihood issues such as inflation, high property prices, transport, cost of raising kids, etc.
Look at this article in denial, people changed job in 40s and 50s because foreigners replaced them, not because of passion. Understand?
https://www.channelnewsasia.com/women/midlife-career-switch-advice-4042776