job cuts
Retrenched at 22: What it’s like to be laid off in your first job
[SINGAPORE] In 2023, 22-year-old H Wong was relocated to her company’s New York office, excited to grow her career in a new city.
Job market for recruiters shows UK weakness, US strength
[LONDON / NEW YORK] As recruitment firms shed large parts of their workforce across the globe, growing demand for recruiters in the US points to a stronger-than-expected job market.
Estee Lauder to cut 3,000 more jobs as CEO pushes overhaul
As many as 10,000 roles will now go, up from its previous target of 7,000 announced a year ago
AI-exposed firms cut 4% of jobs; car sector hardest hit: Morgan Stanley report
The automobile and components sector has the highest net job loss, at 10%, across five industry sectors
DBS, OCBC, UOB shed nearly 3,000 jobs in 2025 amid restructuring, productivity push
Combined, the three lenders employed 104,266 people at end-2025, down 2.6% from the year before
Budget 2026: Raise jobseeker support scheme’s S$5,000 income cap to cover more retrenched PMEs, says NTUC chief
Income cap can be pegged to PMET median monthly income, which was around S$7,600 in 2025: Ng Chee Meng
Germany's DB Cargo plans 6,000 job cuts in bid to return to profit
DB Cargo is the market leader, but its competitors are catching up with a combined market share of around 60%
AI’s white-collar gig economy is booming. Can it last?
New roles such as professional trainers for AI software models have emerged, but they could be short-lived
UPS to cut another 30,000 jobs as it doubles down on turnaround
UPS is also looking to rebuild its profitability and stabilise volumes
US federal workforce drops to lowest level in at least a decade
[WASHINGTON] The US federal workforce fell to the lowest level in at least a decade, according to government data published on Thursday, the result of President Donald Trump’s campaign to shrink the g...
