CIMB says no retrenchment in wholesale banking, quashing rumours on social media

[ad_1] KUALA LUMPUR (Nov 3): CIMB Group Holdings Bhd has refuted allegations circulating on WhatsApp on Friday that it is undertaking a major retrenchment exercise in its wholesale banking business.…

Analysis: Citigroup’s layoffs, ‘sweeping’ restructuring in uncertain economic period unlikely to affect Singapore’s financial sector

[ad_1] SINGAPORE — Citigroup’s plans to reorganise management and cut jobs came as no surprise to analysts and economists, who said that the uncertain macroeconomic environment, along with stiff competition…

Singapore to unveil support scheme for retrenched workers

[ad_1] SINGAPORE: Much of the upcoming temporary financial support for retrenched workers will be tied to training and career counselling and guidance, says Manpower Minister Tan See Leng. Hinting at…

Heart of the Matter: 16 months not enough time to find alternatives, say jockey and trainer on Singapore Turf Club closure

[ad_1] Low Peck Kem, a council member of the Singapore Human Resource Institute, explained in the podcast that with sensitive announcements like business closures, some information is usually kept confidential.…

Heart of the Matter – Behind the shock and sadness of Singapore Turf Club closure

[ad_1] The announcement that the Singapore Turf Club will cease operations next year dropped like a bombshell, say horse trainer Jason Ong and apprentice jockey Jerlyn Seow. Now, there are…

Commentary: Is the cybersecurity talent shortage a crisis or opportunity?

[ad_1] Tech workers with infocomm, engineering or information systems backgrounds can improve their prospects by acquiring skills in cybersecurity forensics, network security or threat intelligence among others. Businesses should also…

Singapore retrenchments rise for 3rd straight quarter, unemployment stays low

[ad_1] LABOUR MARKET CONTINUES TO EXPAND, BUT MODERATED Advance estimates also showed that the labour market continued to expand in the first quarter of 2023, though at a more moderate…