RETRENCHMENTS rose in the first quarter of the year, driven by manufacturing losses and hitting mainly production and related workers from electronics, said the Ministry of Manpower (MOM) on...

[NEW YORK] Ford plans to cut 7,000 jobs, or 10 per cent of its global salaried workforce, as part of a reorganisation as it revamps its vehicle offerings, the company said Monday.

NEARLY two-thirds of professionals, managers, executives and technicians (PMET) layoffs in 2018 happened in sectors undergoing restructuring, said Minister for Manpower Josephine Teo on Monday....

THE labour market improved on several fronts over the whole of last year, with retrenchments down to the lowest level since 2011.

THE labour market improved on several fronts over the whole of last year, with retrenchments down to the lowest level since 2011.

[SINGAPORE] Dianrong, one of China's biggest peer-to-peer (P2P) lenders, is shutting down 60 of its 90 offline stores and laying off an estimated 2,000 employees, a source with direct...

[SHANGHAI] Beijing-based ride-hailing giant Didi Chuxing will lay off 15 per cent of its staff this year, or about 2,000 employees, a source familiar with the matter told Reuters on Friday.

[FRANKFURT] Ford and Jaguar Land Rover unveiled sweeping job cuts across Europe on Thursday as carmakers struggle with a slump in demand for diesel vehicles, tougher emissions rules and a global...

[MONTREAL] Canadian aircraft and transport company Bombardier will cut 5,000 jobs globally and sell off its aging turboprop line in a bid to "streamline" operations, the struggling firm...

[TOKYO] Toshiba Corp said it is cutting headcount and liquidating its UK nuclear power unit in an effort to reduce costs as it struggles to find new growth pillars.