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Showing results for tags 'retrenchments'.
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More people are expected to be retrenched this year compared with the figure last year, as signs of an economic slowdown become more evident, Lim Swee Say said yesterday, in a report by the Straits Times. As demand slows, some companies are already putting their workers on a shorter work week,...
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Anybody experiencing the possibility of retrenchments within your company due to the financial meltdown? State your industry when replying....will be interesting to hear your replies. I'm in the telecoms industry but business as usual at the moment, suspect impact may it us in 2009.