NTUC: Expect 31% more retrenchment this quarter as Singapore goes into recession

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NTUC: Expect 31% more retrenchment this quarter as Singapore goes into recession

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24-01-2016, 04:00 PM

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NTUC: Expect 31% more retrenchment this quarter as Singapore goes into recession

An honorable member of the Coffee Shop Has Just Posted the Following:

According to a media interview, NTUC expects 31% more retrenchment, at 234, this coming Jan-Mar quarter this year as compared to the first quarter of 2015 at 178. NTUC assistant-general and former NMP Chiam Hui Fong said NTUC is “not too alarmed” by the 31% spike because the “phased retrenchment” was planned for in 2015.

http://statestimesreview.com/2016/01...nto-recession/

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