Standard Chartered job cuts to hit Singapore: Source

[syed putra]

Don't worry lah! Temasick owns about 12% of chartered bank bought from khoo teck phuat family.

 

[Cerebral]

give up on this country totally,how to find happiness in a country of daft and stupid?madness is doing the same thing over and over again and expecting different results.10 years is more than enough.

my campaign for 2020 is :give up on SG 2020.

look at this forum,half the people here who praise SG and PAP to high heavens dont even live in SG,some in malaysia,some in USA,some in australia,some in new zealand,some in thailand,the other half that are actually here are depressed,suicidal, and in various five stages of grief,anger,denial,depression,detachment,one flew over the cuckoo's nest.

I am giving myself 10 years. Mine would be 2025

 

[THE_CHANSTER]

Technology and Operations is an area in Singapore targeted for job cuts, according to a source close to Standard Chartered.

Technology and Operations are always areas prime for headcount reduction for ALL Banks not just Standard Chartered. What is revealing here is the lack of commentary and transparency regarding Front Office roles. Clearly the SCB spokesperson has been instructed to avoid disclosing numbers to avoid declining morale amongst existing local employees and maintain a positive spin.

My guess is that Singapore will take a hefty whack in terms of Sales & Trading retrenchments. Despite being a British Bank, most of SCB's senior management are based in Singapore and Hong Kong and it is difficult to imagine how these centres could avoid major downsizing.

 

[krafty]

Technology and Operations are always areas prime for headcount reduction for ALL Banks not just Standard Chartered. What is revealing here is the lack of commentary and transparency regarding Front Office roles. Clearly the SCB spokesperson has been instructed to avoid disclosing numbers to avoid declining morale amongst existing local employees and maintain a positive spin.

My guess is that Singapore will take a hefty whack in terms of Sales & Trading retrenchments. Despite being a British Bank, most of SCB's senior management are based in Singapore and Hong Kong and it is difficult to imagine how these centres could avoid major downsizing.

it's just simply sad case.

 

[halsey02]

3 cheers for tripartism...

The song in which the "UNION" sings, have not changed over the decades, when they took over from the "humble pie" unionist of the past & have "cleansed" them of people, who really look after the workers, the song, though now sang " crossover" style, the lyrics remained the same...." do not complain, do not ask for more, be productive, upgrade your skills, have good qualities...or the companies will close down & shift their operations , their factories, their....& you will be out of work"... when you UNION MEMBERS are gone...the ah nehs, the pinoys, the PRC's...the....will be doing your work & earning your salary...three cheers for?? the people whom you pay fees..."sar kar" (tripartism) the management..." THREE LEGS"...