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So many retrenchments news everyday

Posted: Thu, 27 Aug 2020 8:56 pm
by abbby
There are sooo many retrenchment news everyday, even today I read 3 such news :( :( Suntec Singapore 85 staff and Boeing Asia Pacific Aviation Services 27 staff, Rolls Royce 300 staff, looks like it is just going to be much more over the coming months.

Re: So many retrenchments news everyday

Posted: Fri, 28 Aug 2020 11:50 am
by Max Headroom
The canary is gasping.

Re: So many retrenchments news everyday

Posted: Fri, 28 Aug 2020 3:42 pm
by bgd
Keep an eye on SIA. They quietly let go their foreign cabin crew. Foreign pilots will be next.

Re: So many retrenchments news everyday

Posted: Fri, 28 Aug 2020 3:50 pm
by the observer
bgd wrote:
Fri, 28 Aug 2020 3:42 pm
Keep an eye on SIA. They quietly let go their foreign cabin crew. Foreign pilots will be next.
Well, there's some economic sense to it, due to the JSS.

https://www.iras.gov.sg/irashome/Scheme ... eme--JSS-/

And this news just doesn't bode well

https://www.businesstimes.com.sg/compan ... ghts-issue

Re: So many retrenchments news everyday

Posted: Fri, 28 Aug 2020 4:05 pm
by abbby
Omg SIA ...

Next to watch is also Genting Group.