SUBSCRIBERS

Singtel freezes wages except for operational, support staff

Vivienne Tay

Published Mon, Mar 9, 2020 · 09:50 PM

Singapore

SINGTEL has decided to roll out a wage freeze across the organisation. The move affects all but operational and support staff, said group chief executive Chua Sock Koong in a memo to employees on Monday.

She added that the group needed to strengthen its financial resilience and lower its costs during the period.

KEYWORDS IN THIS ARTICLE

Covid-19

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes

Companies & Markets

LMIRT Q1 net property income dips 3.1% to S$30 million on higher expenses
Exxon misses on Q1 profit despite big gains in Guyana
US FDA approves Pfizer’s gene therapy for rare bleeding disorder
Chevron's quarterly profit beats estimates
EU toughens rules on Chinese fashion retailer Shein
Keppel prices 70 million euros of floating-rate notes due 2031

Purchase this article

Companies & Markets

Companies & Markets

Singtel freezes wages except for operational, support staff

Vivienne Tay

KEYWORDS IN THIS ARTICLE

Companies & Markets

LMIRT Q1 net property income dips 3.1% to S$30 million on higher expenses

Exxon misses on Q1 profit despite big gains in Guyana

US FDA approves Pfizer’s gene therapy for rare bleeding disorder

Chevron's quarterly profit beats estimates

EU toughens rules on Chinese fashion retailer Shein

Keppel prices 70 million euros of floating-rate notes due 2031

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

SECTIONS

LIFESTYLE

Follow BT