Tag Archive: retrench

HSBC To Cut Jobs Globally To Focus On Asia

Author: Rilek1Corner June 10, 2015 0 Comments

HSBC will slash as many as 50,000 jobs worldwide in an effort to streamline its businesses and improve its sluggish performance as it shifts its focus back to fast-growing Asian economies, Europe’s biggest bank said yesterday. About half of the…
Read more

Singapuraku

Brazil, China, HSBC, jobs, retrench, Singapore, Singaporeans, turkey

More Non-Residents Retrenched Amid Restructuring

Author: Rilek1Corner April 24, 2015 0 Comments

Amid ongoing business restructuring, last year saw a 40 per cent jump in the number of non-resident workers retrenched, figures from the Ministry of Manpower show. A total of 12,930 workers received the pink slip in 2014, 12 per cent…
Read more

Singapuraku

economy, employment, foreigners, non-residents, restructuring, retrench, Singapore, Singaporeans