240 staff axed by Singtel's Hooq face uncertain future
Some former employees are disappointed with how they were given the boot
Add BT as a preferred sourceSingapore
VIDEO streaming service Hooq Digital, a joint venture company in which Singtel has an indirect 76.5 per cent effective interest, had to sack its global workforce of 240 people across six markets, including about 98 in Singapore, after it entered liquidation on March 27.
In response to queries by The Business Times, a Singtel spokesperson said that the group "voluntarily stepped in to take over obligations to pay Hooq employees' payroll and notice periods according to the laws of the countries in which they were based".
TRENDING NOW
Electricity tariff to rise significantly from July despite Iran deal: EMA
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Onitsuka Tiger pivots from Asics stripes to tap luxury market
