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ALIABABA kia Lazada new year start to chop headcount liao, kym?
- Thread starter k1976
- Start date
E-commerce firm Lazada laid off some staff from its Singapore office on Jan 3, The Edge Singapore understands.
Junior and senior employees from multiple departments, including the commercial and marketing teams, were affected.
The Edge Singapore understands employees received calendar invites for individual meetings with the human resources department on Jan 3 at the end of the Jan 2 work day.
While it is unclear how many employees have been laid off so far, the retrenchment exercise could last until Jan 5. One affected employee, who asked to remain anonymous, tells The Edge Singapore that meeting rooms have been reserved by HR for the remainder of the week.
Junior and senior employees from multiple departments, including the commercial and marketing teams, were affected.
The Edge Singapore understands employees received calendar invites for individual meetings with the human resources department on Jan 3 at the end of the Jan 2 work day.
While it is unclear how many employees have been laid off so far, the retrenchment exercise could last until Jan 5. One affected employee, who asked to remain anonymous, tells The Edge Singapore that meeting rooms have been reserved by HR for the remainder of the week.
https://www.todayonline.com/singapo...rtain-some-bright-spots-agile-upskill-2335281
The old birds in 40s or 50s how sia?
Are they in Grace of Good Hands?
The old birds in 40s or 50s how sia?
Are they in Grace of Good Hands?
After a turbulent and eventful 2023, TODAY takes a look at what's in store for the next 12 months. The second instalment of our four-part Look Ahead series looks at labour trends this year and what this means for young jobseekers.
- Experts said that the job market in 2024 remains uncertain with political tensions and economic uncertainty still in the picture
- However, there are some bright spots such as more job opportunities in the artificial intelligence and sustainability sectors
- Retrenchments in the technology industry are unlikely after major layoffs in 2023, experts said
- Young workers may also look forward to more remote job options as companies look to tap into the global talent pool
Retrenchments in the technology field in 2023 — such as by Google, Meta, WeWork and Spotify — are unlikely to continue into the new year. However, some experts told TODAY that companies may choose to stabilise their headcounts or to not replace workers who have left arising from natural attrition.
Job demand in certain areas is also expected to rise, spurred by advancements in artificial intelligence (AI) and the growing expectations for companies to be sustainable.
As for workplace trends, the forecast is that more companies may look to hire remotely, alongside the continuing demand for flexible work arrangements.
Job demand in certain areas is also expected to rise, spurred by advancements in artificial intelligence (AI) and the growing expectations for companies to be sustainable.
As for workplace trends, the forecast is that more companies may look to hire remotely, alongside the continuing demand for flexible work arrangements.
However, industries and functions where AI has an impact, such as business outsourcing, will struggle in 2024 and beyond.
Mr Rahul Chawla, partner and head of talent solutions for Southeast Asia at consultancy firm Aon, said companies that cannot satisfy customer and stakeholder requirements on transitioning to green energy and renewables will also face challenges.
Other experts said that those in the renewable energy sector will see expansion as companies seek to meet these growing sustainability requirements.
Ms Shalynn Ler, general manager at HR firm Ethos BeathChapman, said that industries heavily affected by global uncertainties such as oil prices, supply chain disruptions and political tensions may also struggle.
These include those in the manufacturing and oil industry, where labour demand might be low and some companies may look at reducing their headcount
Mr Rahul Chawla, partner and head of talent solutions for Southeast Asia at consultancy firm Aon, said companies that cannot satisfy customer and stakeholder requirements on transitioning to green energy and renewables will also face challenges.
Other experts said that those in the renewable energy sector will see expansion as companies seek to meet these growing sustainability requirements.
Ms Shalynn Ler, general manager at HR firm Ethos BeathChapman, said that industries heavily affected by global uncertainties such as oil prices, supply chain disruptions and political tensions may also struggle.
READ ALSO
Job market remains strong but signs of cooling could intensify if global economic troubles persist: Economists
These include those in the manufacturing and oil industry, where labour demand might be low and some companies may look at reducing their headcount
https://www.channelnewsasia.com/com...-job-teaching-lecturer-survival-guide-4004146
SINGAPORE: Singapore is grappling with a challenging economic landscape, marked by subdued GDP growth and an unsettling surge in retrenchments. In the third quarter of the year, 4,110 people were laid off from their jobs, a jump of more than 28 per cent from the 3,200 retrenchments in the second quarter.
The retrenchment numbers for the fourth quarter have yet to be released, but Tiger Beer maker Asia Pacific Breweries Singapore confirmed late last month it has retrenched 33 workers in its latest restructuring exercise.
SINGAPORE: Singapore is grappling with a challenging economic landscape, marked by subdued GDP growth and an unsettling surge in retrenchments. In the third quarter of the year, 4,110 people were laid off from their jobs, a jump of more than 28 per cent from the 3,200 retrenchments in the second quarter.
The retrenchment numbers for the fourth quarter have yet to be released, but Tiger Beer maker Asia Pacific Breweries Singapore confirmed late last month it has retrenched 33 workers in its latest restructuring exercise.
How many locals vs FTs retrenched ?
https://displaydaily.com/auo-closing-singapore-lcd-plant-moving-equipment-to-taiwan/
Taiwanese display maker AUO is closing its production facility in Singapore by the end of December 2022, affecting up to 500 employees, according to Nikkei. AUO is moving production equipment from Singapore back to Taiwan as it faces declining demand for LCD screens. The company is also expanding capacity in Vietnam for display modules.
The closure highlights the industry headwinds for LCDs for some manufacturers faced with the dominance of Chinese manufacturers. The LCD industry has faced overcapacity and production underutilization since mid-2022.
Most of the moved equipment will go to AUO’s plant in Taoyuan, Taiwan focused on advanced MicroLED technology. AUO supplies displays to major PC and automotive companies globally. In Singapore, the nearly 500 employees are mostly local hires and their contracts will be terminated with the closure. The company says the Singapore facility will remain a Southeast Asia hub for smart solutions and services.
Taiwanese display maker AUO is closing its production facility in Singapore by the end of December 2022, affecting up to 500 employees, according to Nikkei. AUO is moving production equipment from Singapore back to Taiwan as it faces declining demand for LCD screens. The company is also expanding capacity in Vietnam for display modules.
The closure highlights the industry headwinds for LCDs for some manufacturers faced with the dominance of Chinese manufacturers. The LCD industry has faced overcapacity and production underutilization since mid-2022.
Most of the moved equipment will go to AUO’s plant in Taoyuan, Taiwan focused on advanced MicroLED technology. AUO supplies displays to major PC and automotive companies globally. In Singapore, the nearly 500 employees are mostly local hires and their contracts will be terminated with the closure. The company says the Singapore facility will remain a Southeast Asia hub for smart solutions and services.
Now most newspapers dun published that data point as we have to be inclusive
https://www.plasticstoday.com/business/shell-seeks-to-exit-petrochemicals-in-singapore
Tiagong, Shell also want to say bye bye in 2025 after a good long run here
Tiagong, Shell also want to say bye bye in 2025 after a good long run here
As Shell proceeds with its Energy Transition initiative that will see it become more of a natural gas giant than an oil major, its petrochemical assets in Singapore have come under the spotlight, with talk of divestiture, “repurposing,” or even closure if a suitable buyer or buyers cannot be found.
Shell operates or has stakes in multiple petrochemical plants producing ethylene, propylene, butadiene, styrene, benzene, polyols that can be used to make polyurethanes, and ethylene glycol, among other products. It also has an equity stake in The Polyolefin Company (TPC), a leading regional producer of polypropylene (PP), low-density polyethylene (LDPE), and ethylene vinyl acetate (EVA). TPC is particularly strong in random copolymer and terpolymer grades of PP for sealant film applications and solar module encapsulant film grades of EVA.
Shell operates or has stakes in multiple petrochemical plants producing ethylene, propylene, butadiene, styrene, benzene, polyols that can be used to make polyurethanes, and ethylene glycol, among other products. It also has an equity stake in The Polyolefin Company (TPC), a leading regional producer of polypropylene (PP), low-density polyethylene (LDPE), and ethylene vinyl acetate (EVA). TPC is particularly strong in random copolymer and terpolymer grades of PP for sealant film applications and solar module encapsulant film grades of EVA.
Shell is not the only company looking to reduce its petrochemicals and plastics exposure on the road to 2050 carbon neutrality. In December 2021, under the leadership of its first foreign CEO Jean-Marc Gilson, Japan’s Mitsubishi Chemical said it would spin off its petrochemical and carbon operations by March 2024.
The company did not clarify if the businesses would be sold to a third party or become its subsidiaries. Gilson was formerly CEO of Roquette, a French food and drug ingredients company. He previously held executive positions at silicone manufacturer Dow Corning and biopharma and healthcare concern Avantor Performance Materials.
Mitsubishi Chemical plans to focus on specialty materials for electronics, healthcare, and life sciences as a part of a new management strategy. Under electronics, the company would target growth opportunities in electric vehicle lightweight materials (centered on engineering plastics), batteries, and semiconductors. Mitsubishi Plastics owns majority stakes in Japan Polyethylene and Japan Polypropylene.
The company did not clarify if the businesses would be sold to a third party or become its subsidiaries. Gilson was formerly CEO of Roquette, a French food and drug ingredients company. He previously held executive positions at silicone manufacturer Dow Corning and biopharma and healthcare concern Avantor Performance Materials.
Mitsubishi Chemical plans to focus on specialty materials for electronics, healthcare, and life sciences as a part of a new management strategy. Under electronics, the company would target growth opportunities in electric vehicle lightweight materials (centered on engineering plastics), batteries, and semiconductors. Mitsubishi Plastics owns majority stakes in Japan Polyethylene and Japan Polypropylene.
https://www.techinasia.com/lazada-expected-layoff-30-staff-sources
Lazada ready to chop up to 30% singapore staff?????
Meaning alot jiak liao bee here, enjoy bow aircon?
Lazada ready to chop up to 30% singapore staff?????
Meaning alot jiak liao bee here, enjoy bow aircon?
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