Singapore can’t afford to let sudden layoffs become the norm

Redundancies are inevitable in any industry, but can we do more to reduce the “shock” factor that we’re seeing in tech?

featured-image

Ng Weiyi Commonly, layoffs are a response to poor company performance. Tech layoffs are surging worldwide. More than 100,000 workers have already lost their jobs so far in 2024.

One of the latest abrupt layoffs in Singapore was at tech company Dyson, after it had axed 1,000 jobs in Britain in July. At that time, the company had said that the Singapore office would not be directly impacted by the job cuts in Britain. Already a subscriber? Log in Get exclusive reports and insights with more than 500 subscriber-only articles every month $9.



90 $9.90/month No contract ST app access on 1 mobile device Subscribe now All subscriber-only content on ST app and straitstimes.com Easy access any time via ST app on 1 mobile device E-paper with 2-week archive so you won't miss out on content that matters to you Join ST's Telegram channel and get the latest breaking news delivered to you.

Read 3 articles and stand to win rewards Spin the wheel now.