HR Trends for 2023
Carousell cuts 110 staff as tech industry reckoning widens
Online marketplace Carousell has joined a slew of major tech companies in retrenching a considerable number of their staff. The firm’s CEO Quek Siu Riu said it will cut 110 jobs, or 10% of its total headcount. In the email, also posted on the group’s portal, Quek apologised for the “critical mistakes” that had been […]
Carousell cuts 110 staff as tech industry reckoning widens
Singapore-based online marketplace Carousell has joined a slew of major tech companies in retrenching a considerable number of their staff. The firm’s CEO Quek Siu Riu said it will cut 110 jobs, or 10% of its total headcount. In the email, also posted on the group’s portal, Quek apologised for the “critical mistakes” that had […]
Amazon to lay off 20,000 globally over New Year period
Amazon is cutting back on its workforce. The retail and cloud computing giant is reportedly set to lay off around 20,000 employees globally, including distribution center workers, technology staff and corporate executives. In mid-November, The New York Times reported that the company would enact mass layoffs. Citing sources, the publication said Amazon would cut up […]
Flash Coffee lays off employees in Singapore and Indonesia
Retail coffee chain Flash Coffee has reportedly cut jobs in Singapore and Indonesia. Flash Coffee Indonesia’s ex Head of PR and Communications, Randy Salim said the layoffs were due to “region-wide (reorganisation) and ongoing financial efforts”. The coffee chain opened more than 200 stores since its launch in 2020 and employed over 1,000 staff. In […]
US tech giant HP to cut up to 6,000 jobs globally
US tech giant Hewlett Packard (HP) has revealed plans to cut up to 6,000 jobs or about 12% of its workforce across all the firm’s global locations, in order to reduce costs. HP is also shifting its focus into cloud computing services, which have seen an increase over recent years. “Many of the recent challenges […]
Sea Ltd lays off 10% of workforce over six months
Singapore-based e-commerce and gaming firm Sea Ltd laid off over 7,000 employees or about 10% of its workforce in the past six months, US publication The Information has reported. The layoffs come at a time when many companies are feeling the crunch as they try to navigate through this economic downturn. Last September, Bloomberg reported […]
GoTo cuts over 1,000 jobs in cost-reduction strategy
Tech firm and holding company PT GoTo is set to lay off 1,300 workers, or 12% of its workforce, joining a wave sweeping through the technology industry globally. “Challenging global macroeconomic conditions are having a significant impact on businesses around the world and GoTo, like other prudent companies, is making adjustments to ensure it can […]
Green industries generate ‘pandemic-proof’ jobs
Solar power farms, and content creators will drive employment in the next few years, making it extremely vital to address job skill mismatch among graduates, the Philippine Business for Education (PBEd) said. At the PBEd Skills Partnership Summit, PBEd Executive Director Lovelaine Basillote said that the country needs to look more into pandemic, and climate […]
About 4,000 new nurses to enter Singapore workforce
The Singaporean Ministry of Health has announced that it will be expanding the healthcare workforce by approximately 4,000 new nurses by the end of 2023. This plan is part of an effort to replace those lost overseas and bring more healthcare professionals into the country. Minister for Health Ong Ye Kung said the number is […]
