RETRENCHMENTS and unemployment have been widespread in the first two months of 2025, with job cuts announced across various industries.

[Chase]

RETRENCHMENTS and unemployment have been widespread in the first two months of 2025, with job cuts announced across various industries.
https://www.businesstimes.com.sg/companies-markets/tech-financial-services-layoffs-and-job-cuts-2025

From tech to retail, media and finance, major companies are starting to shed employees as they undergo restructuring and adapt to changing market conditions.

 

[Chase]

We are losing private sector jobs due to our strong SGD

 

[batman1]

The ground is sweet for the coming GE 2025.

 

[Chase]

The ground is sweet for the coming GE 2025.

DBS using AI as an excuse for retrenchment
https://www.channelnewsasia.com/business/dbs-group-job-cuts-contract-temporary-3-years-4956571

 

[Pinkieslut]

Too many JLBs doing nothing WFH.

 

[Chase]

Too many JLBs doing nothing WFH.

Civil service is better, good pay, good benefits.

More importantly, some departments are like retirement villages, 2 days WFH per week and can't do much at home, so effectively work 3 days a week.

 

[eatshitndie]

looks like dingdone photography attracts majority of dingdongs to stand upright.

 

[True Believer]

Some secretaries never get laid off even though
they don't adhere to the dress code.

 

[True Believer]

looks like dingdone photography attracts majority of dingdongs to stand upright.

 

[True Believer]

Civil service is better, good pay, good benefits. More importantly, some departments are like retirement villages, 2 days WFH per week and can't do much at home, so effectively work 3 days a week.

 

[Chase]

When your HR is Malaysian, Pinoy or PRC, sure die

Another friend just lost her job in a MNC because of bullying. Their KPI is to kick people out without compensation.

 

[True Believer]

When your HR is Malaysian, Pinoy or PRC, sure die. Another friend just lost her job in a MNC because of bullying. Their KPI is to kick people out without compensation.

This was the situation at Parkway Pantai when Dr Tan See Leng was CEO. Heads of Dept were instructed to bully the older staff till they threw in the towel, and resigned w/o any retrenchment benefits. Ironically, TSL is now the Manpower Minister.

 

[k1976]

RETRENCHMENTS and unemployment have been widespread in the first two months of 2025, with job cuts announced across various industries.
https://www.businesstimes.com.sg/companies-markets/tech-financial-services-layoffs-and-job-cuts-2025

From tech to retail, media and finance, major companies are starting to shed employees as they undergo restructuring and adapt to changing market conditions.

Very strong Jiuhu Mei vibes

 

[k1976]

We are losing private sector jobs due to our strong SGD

Big boss can ask quickie during 1:1 special session?

 

[True Believer]

Big boss can ask quickie during 1:1 special session?

That would be a good idea if this woman is the subordinate.

 

[cockie]

When your HR is Malaysian, Pinoy or PRC, sure die

Another friend just lost her job in a MNC because of bullying. Their KPI is to kick people out without compensation.

So that they can bring in their fellow citizens to come and take your local singaporean job

 

[True Believer]

So that they can bring in their fellow citizens to come and take your local singaporean job

CECAs have been doing this for more than a decade while the PAP looks the other way!

 

[batman1]

That would be a good idea if this woman is the subordinate.

View attachment 228832

Good prospects for promotion and hefty pay increase. 555

 

[k1976]

1 in 2 Singapore residents plan to work after retirement: AIA study​

It notes a shift from traditional views of retirement as a ‘period of passive rest’ to one of meaningful contribution and engagement

Summarise

Therese Soh​

Published Fri, Sep 19, 2025 · 10:43 AM

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• The study found a gap between respondents’ retirement aspirations and their readiness for it – with many Singapore residents being inadequately prepared for the life stage. PHOTO: BT FILE
• The study found a gap between respondents’ retirement aspirations and their readiness for it – with many Singapore residents being inadequately prepared for the life stage. PHOTO: BT FILE
• The study found a gap between respondents’ retirement aspirations and their readiness for it – with many Singapore residents being inadequately prepared for the life stage. PHOTO: BT FILE
• The study found a gap between respondents’ retirement aspirations and their readiness for it – with many Singapore residents being inadequately prepared for the life stage. PHOTO: BT FILE
• The study found a gap between respondents’ retirement aspirations and their readiness for it – with many Singapore residents being inadequately prepared for the life stage. PHOTO: BT FILE

[SINGAPORE] Most Singapore residents plan to work after retirement, but less than a third of this group cited financial reasons as their sole motivator, a study by AIA found.

Of the 55 per cent of respondents who said they plan to continue working post-retirement, only 28 per cent want to do so for purely financial reasons, the eighth edition AIA Live Better Study conducted in May reported.

The search for purpose was named as a motivation by 27 per cent of respondents; 26 per cent said they wanted to work after retiring to combat boredom, and 18 per cent cited the desire to try something new.

 

[k1976]

LABOUR​

Leong Mun Wai renews call for statutory retrenchment benefits after controversy over Agoda clauses​

On 18 Sept, Leong Mun Wai, Progress Singapore Party Secretary-General, renewed his call for legally binding retrenchment benefits under the Employment Act. The move followed reports that Agoda’s severance agreements allegedly restricted retrenched Singapore staff from approaching authorities or unions, raising concerns over workers’ rights and fair employment norms.

Published


on

18 September 2025
By

The Online Citizen

On 18 Sept, Leong Mun Wai, Secretary-General of the Progress Singapore Party (PSP) and former Non-Constituency Member of Parliament, reiterated his call for the Ministry of Manpower (MOM) to establish statutory retrenchment benefits under the Employment Act.