Singapore headhunters expect hiring freeze in 2016

[dancingshoes]

Hiring managers are definitely taking longer to make recruitment decisions, noted Mr Toby Fowlston, managing director of Robert Walters South-east Asia. It sees "restricted job markets in certain industries" like investment banking.

But he is not surprised because there already has been downsizing and offshoring, with a number of banks moving to cheaper locations.

http://www.straitstimes.com/business/economy/headhunters-expect-hiring-freeze-next-year

 

[JHolmesJr]

don't worry i hear soon pub and transport prices will be cut by a few cents for relief.

 

[Brightkid]

Hiring freeze does not mean no more hiring. This exclude hiring to replace those who resigned, volunteerily or otherwise.

It can still mean replacing a sinkie with a FT, as long as no increase in overall headcount.

 

[dancingshoes]

times are bad, what can the pap do? by letting in more foreigners.