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Yeo Hiap Seng axes 32 employees in Singapore

Change in business model, retrenchment exercise aimed at reducing group's ongoing operating costs

Jude Chan

Jude Chan

Published Wed, Apr 6, 2022 · 05:50 AM
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Singapore

BEVERAGE manufacturer Yeo Hiap Seng (Yeo's) announced on Tuesday (Apr 5) that it has retrenched 32 employees in Singapore under its long-term plan to transform its global business.

In a bourse filing, the heritage brand said it is changing its business m…

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Yeo Hiap Seng H2 profit jumps 183% to S$3.4 million on cost optimisation
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