More than one in five firms in Singapore are actively considering cutting their workforce as a result of the coronavirus, a survey has found.The survey, by insurance broker Aon, found 21 per cent of firms in the city were looking at making redundancies, while 4 per cent had already done so.The survey, which took in 1,889 organisations around the world, including 196 in Singapore, also found that slightly more than 10 per cent of companies had asked employees to take pay cuts on a voluntary…
from South China Morning Post https://bit.ly/3bT60oa
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Thursday, April 30, 2020
Coronavirus: more than 1 in 5 Singapore firms looking to slash jobs
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