PAP has successfully turned SG into a beggar state....

[Taylorshit]

https://urlr.me/XS9JHn

 

[red amoeba]

whats wrong with distribution of country's wealth to the people? Afterall you pay taxes.
You are free to vote for whoever.

 

[laksaboy]

whats wrong with distribution of country's wealth to the people? Afterall you pay taxes.
You are free to vote for whoever.

The irony is that the more CDC vouchers they give, the worse the inflation becomes. It's like using alcohol to 'cure' an alcoholic, or drinking sea water to quench your thirst. Daft Sinkies will find out the hard way.

 

[mojito]

The irony is that the more CDC vouchers they give, the worse the inflation becomes. It's like using alcohol to 'cure' an alcoholic, or drinking sea water to quench your thirst. Daft Sinkies will find out the hard way.

Silly sinkie. Remember those Explore SG vouchers for u to spend on bird park garden by the bay think they were there for u to enrich ur mind, to admire our great country's accomplishments?

 

[Hitesh]

View attachment 215223

https://urlr.me/XS9JHn

Freebies were always welcomed by Singaporeans, ??? Weren't they??? Shows how much the country loves you and don't want Singaporeans to leave the country #MyViews #Humour

 

[Aaron carter]

So PAP is head of beggar sect?

 

[bobby]

There are no beggars in SG…only tissue sellers.

 

[myfoot123]

The more opposition in parliament, the more vouchers and cash you will be getting. Imagine without any opposition, you get absolutely nothing from the stingy PAPPY. 2025 pathetic budget means we do not have sufficient opposition members.

 

[NanoSpeed]

I want. I want to be among the elders in Beggar Clan.

I can get to marry Lady Ma.

 

[k1976]

DBS CEO sees job cuts of 4,000 temp staff as AI replaces roles​

Bloomberg
Mon, 24 February 2025 at 5:24 PM SGT2-min read

DBS plans to cut around 4,000 of its contract and temporary staff workforce over the next three years. (Photo: Bloomberg)
By Chanyaporn Chanjaroen

(Bloomberg) – DBS Group plans to cut around 4,000 of its contract and temporary staff workforce over the next three years as artificial intelligence increasingly takes on roles carried out by human beings.

Southeast Asia’s largest lender has approximately 8,000 to 9,000 of such staff, according to Chief Executive Officer Piyush Gupta, replying to a query from Bloomberg News. He confirmed a Press Trust of India news agency report which said the bank will trim its workforce following further adoption of AI across its business.

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Permanent staff will not be affected, the outgoing CEO said. DBS, based in Singapore, has around 41,000 staff and Tan Su Shan, currently deputy CEO, will succeed Gupta on March 28.

Global banks will cut as many as 200,000 jobs in the next three to five years as artificial intelligence encroaches on tasks currently carried out by human workers, said a Bloomberg Intelligence report last month. Chief information and technology officers surveyed for BI indicated that on average they expect a net 3% of their workforce to be cut, according to the report.

Still, many firms have stressed that the shift will result in roles being changed by technology, rather than replaced altogether. Teresa Heitsenrether, who oversees JPMorgan Chase’s AI efforts, said in November that the bank’s adoption of generative AI was so far augmenting jobs.

 

[congo9]

The correct way is to disallow the nos of Jiu Hu Kia has low barrier of access into Singapore employment market so easily.

 

[k1976]

HSBC plans new round of investment bank job cuts next week​

The latest phase of cuts will start in Asia, but will ultimately affect employees globally

Published Fri, Feb 14, 2025 · 05:57 PM
HSBC

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• Georges Elhedery is reducing costs with a restructuring that has so far included combining the commercial banking division with its global banking and markets unit and pulling out of some underwriting and advisory businesses in Europe and the Americas. PHOTO: HSBC
• Georges Elhedery is reducing costs with a restructuring that has so far included combining the commercial banking division with its global banking and markets unit and pulling out of some underwriting and advisory businesses in Europe and the Americas. PHOTO: HSBC
• Georges Elhedery is reducing costs with a restructuring that has so far included combining the commercial banking division with its global banking and markets unit and pulling out of some underwriting and advisory businesses in Europe and the Americas. PHOTO: HSBC
• Georges Elhedery is reducing costs with a restructuring that has so far included combining the commercial banking division with its global banking and markets unit and pulling out of some underwriting and advisory businesses in Europe and the Americas. PHOTO: HSBC
• Georges Elhedery is reducing costs with a restructuring that has so far included combining the commercial banking division with its global banking and markets unit and pulling out of some underwriting and advisory businesses in Europe and the Americas. PHOTO: HSBC

HSBC Holdings is kicking off a fresh round of job cuts at its investment bank as new chief executive officer Georges Elhedery continues his overhaul of Europe’s biggest lender, according to people familiar with the matter.

The latest phase of cuts will start in Asia, but will ultimately affect employees globally, said the people, who asked not to be identified discussing private matters. It’s not clear how many people will be affected by the moves.

Some cuts are already underway in the firm’s markets division but wider layoffs across the investment bank will begin as early as Monday, the people said. The dismissals will be staggered over several weeks and months, one of the people said. Staff will be let go based on performance as well as to remove duplication of jobs or to simplify operations, the person said.