The great waves of the times are getting more and more intense, small and medium-sized enterprises are struggling, and multinational giants are just as difficult!
PricewaterhouseCoopers United States, one of the world's big four accounting firms, plans to lay off 1,800 employees in October;
Samsung Electronics plans to lay off employees globally, with up to 30% of overseas employees in some divisions;
Goldman Sachs Group of United States, plans to lay off 1,300-1,800 employees worldwide;
Cisco Systems, the world's leading company, laid off 300 employees a day;
IBM China, 1,000 employees were laid off in 3 minutes, and front-line managers were laid off;
Shein, a well-known e-commerce giant, has "optimized" some of its employees in Singapore, and about 17 people have been laid off......
The wind of layoffs has finally blown to Singapore!
Just yesterday, technology giant Dyson suddenly laid off some Singapore employees, causing heated discussions among many netizens.
Dyson suddenly laid off staff at its headquarters in Singapore
It has been reported to the Ministry of Human Resources for processing
It will be opened in the morning, and people will leave in the afternoon!
I never expected that this kind of layoff story in the movie would happen in Singapore, and it was also in Dyson, a world-renowned company!
According to Mediacorp CNA, one of the laid-off employees said that they first received an email to meet one-on-one, and then went to the conference room only to find that there was a representative of the human resources department, and was told on the spot that "the position was redundant", informing him that he had been laid off and quickly packed up his things and left.
It's unclear how many people were affected, but the employee said he saw a lot of envelopes.
The Singapore Electronics and Electrical Workers Federation (UWEEI) was also very unhappy, and Dyson informed them only a day before the layoffs that they did not have enough time to discuss with each other.
They have reported the incident to the Ministry of Human Resources.
Dyson said it will still develop in Singapore
Various departments in Singapore help retrenched people find jobs
A Dyson spokesman did not say how many people were laid off, saying only that the company's goals in Singapore remain unchanged and that it expects to continue to grow locally in the medium term.
Dyson says the company's team structure is evolving and will take the necessary steps to ensure employees have the right skills and are in the right roles.
For employees who have been laid off, Dyson said it has provided them with assistance, including re-employment services. The Singapore EDB also said it would work with Dyson and relevant government agencies to help the redundant employees, including job matching.
The Federation of Electronics and Electrical Appliances Workers will also cooperate with the Employment and Functional Training Centre (E2I) of the National Trades Union Congress to help retrenched employees find new jobs and provide employment guidance and training.
Among them, members of the Federation of Workers of the Electronic and Electrical Appliance Industry can offset the cost of training courses through the Workers-Friendly Federation Training Assistance Scheme; Members who are financially disadvantaged can get help through the assistance program.
Dyson is the most optimistic about Singapore in the world
Lee Hsien Loong unveiled, invested $1.5 billion, and the founder bought the moat house
Dyson's sudden announcement of layoffs in Singapore has troubled many people. You know, around the world, Dyson is most optimistic about Singapore!
Dyson has set up its global headquarters in Singapore, and even James · Dyson himself spent more than S$100 million to buy a three-storey apartment in the 62nd to 64th storey Guoco Tower of Wallich Residence, the tallest building in Singapore.
It is said that he also bought a mountain view villa near the Singapore Botanic Gardens, more than 1,400 square meters, freehold.
In March 2022, Dyson's global headquarters building in Singapore was completed, and Lee Hsien Loong, then Prime Minister of Singapore, personally went to unveil it.
At the unveiling ceremony, Lee Hsien Loong revealed that Dyson will invest about S$1.5 billion in Singapore as a new development phase of Dyson's S$4.9 billion global investment plan.
In May 2023, Dyson also announced that it would build a next-generation battery factory in Singapore, with plans to fully operational in 2025. This is Dyson's largest ever investment in advanced manufacturing, covering an area the size of 53 basketball courts!
Roland Krueger, president of Dyson, said Singapore's highly skilled engineers and scientists, as well as its advantages in supporting Industry 4.0, make it an ideal incubator for high-tech companies like Dyson.
It is reported that Dyson employs more than 1,920 people locally.