Layoffs
Meta’s Zuckerberg plans 30% budget cut to metaverse unit, potentially triggering January layoffs: sources
The proposed metaverse cuts are part of the company’s annual budget planning for 2026
Grab-Singtel’s GXS bank cuts about 10% of workforce as it moves on from early-stage operations
Loss of 82 jobs part of the group’s transition from building a bank to running the operations: CEO Lai Pei-Si
Ad giant Omnicom to cut over 4,000 jobs, fold legacy brands after IPG takeover
After the job cuts, roughly 85% of the roles will be client-focused, while 15% will be administrative, the company says
Swire cuts dozens of jobs in rare layoffs as China economy slows
The move affects some 40 people in divisions including sustainable development, finance and risk management
McKinsey cuts about 200 tech jobs, shifts more roles to AI
The company is not ruling out additional reductions across different functions over the next two years
Twelve Cupcakes owes over S$1m to creditors; workers may get Oct salary in Q1 2026
Liquidators hope to pay October salaries for 80 staff in early 2026, subject to asset recoveries
Apple cuts jobs across its sales organisation in rare layoff
Employees who lost their jobs have until Jan 20 to secure another position within the company or they will be terminated with a severance package
Companies are warming up to saying AI is the reason for job cuts
AI has been cited for 48,414 job cuts announced in the US so far this year
Warren Golf & Country Club temporarily closes 3 F&B eateries due to ‘manpower challenges’
[SINGAPORE] Three eateries at Warren Golf & Country Club have temporarily ceased operations from Nov 12 until further notice, according to a notice posted on its Telegram channel.
