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Companies should be considerate about the timing of such exercises, given they took place so close to May Day, said the national labour movement.
"If not addressed well, poor mental wellbeing can also affect our ability to lead our lives productively," DPM and Minister for Finance Lawrence Wong stresses.
The Government understands that the loss of employment is a much more disruptive and potentially destructive process that goes beyond the loss of wages. It will continue to work with companies to educate them on all forms of possible cost-saving measures so that retrenchment always remains a last resort. Manpower Minis
Guidelines are targeted to be released in the second half of 2024. Read more at straitstimes.com.
Singapore News - Singapore’s trade union for employers has reminded them to responsibly manage excess manpower and retrench workers only as a last resort. The Singapore National Employers Federation’s (SNEF) statement on Jan 11 follows similar comments made recently by its partners in... Read more at www.tnp.sg