Layoffs

HSBC plans job cuts across UK wealth business in AI push: report

2026-10-07T07:03:26.000Z
UPDATED 56 minutes ago
Among retrenched PMETs who have found work again, about six in 10 earn more than before their retrenchment at both the 12 and 24-month marks.

Retrenched PMETs who return on lower pay see median 25% wage cut

2026-10-06T05:15:58.000Z
Singapore’s next labour market challenge may not be simply about creating enough jobs, but also helping workers move successfully into them.
THINKING ALOUD

Singapore has jobs, but can retrenched workers get them?

2026-09-23T23:00:00.000Z
The possibility that a split between business outcomes and employment conditions is emerging among economic outperformers raises a red flag.
NEWS ANALYSIS

When growth sectors shed workers, it’s time to mind the gap

2026-09-22T11:17:15.000Z
The firm said it “periodically reviews its organisational structure” to ensure it remains aligned with its strategic priorities and long-term business needs.

CapitaLand Investment retrenches 90 Singapore staff in 2026 as part of restructuring

2026-09-03T06:22:47.000Z
(From right) Desmond Tan and host Claressa Monteiro.

NTUC’s Deputy Secretary-General Desmond Tan on jobs, AI and layoffs

2026-08-05T21:00:00.000Z
FalconX is the latest cryptocurrency company to trim its workforce, as the industry faces a prolonged bear market, mounting cost pressures and advancements in AI. 

FalconX cuts 10% of workforce amid crypto downturn; half of Singapore staff laid off: sources

2026-08-04T01:54:16.000Z
Borneo Motors distributes cars from Toyota and Lexus in Singapore.

Borneo Motors lays off workers amid restructuring exercise

2026-08-03T12:17:26.000Z
Porsche has been hit particularly hard by the collapse in Chinese demand for German luxury cars.

Porsche to shed 5,000 jobs by 2035 under German factory pact

2026-07-27T15:27:59.000Z
In June, Uber cut 23% of its so-called people division, representing less than 1% of its 34,000 global employees, after a new president took over.  

Uber cuts 10% of customer service jobs, citing ‘embrace’ of AI

2026-07-23T00:24:43.000Z