More tourism layoffs expected despite redeployment strategy
Annabeth Leow
Singapore
EFFORTS are under way to avoid "catastrophic job loss" in the ailing tourism sector, which has shed thousands of jobs this year.
Even so, Minister for Trade and Industry Chan Chun Sing warned business leaders on Wednesday that "it will be inevitable that some segments of our industry will have ... to let go of workers in the short term", given the freeze on mass-market travel.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
PayPal plans job cuts as its new CEO pursues turnaround strategy
MAS, bank CEOs convene over AI cyberthreats; boards told to own risks, not leave to IT teams