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Corruption allegation irks cabinet
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Panasonic retrenches 700 in S pore, to shut some manufacturing operations but R&D to remain here
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Singapore’s Constellar announces job losses due to impact of Covid
Constellar Holdings, the recent rebrand of SingEx-Sphere Holdings, has announced 21 job losses as it “rightsizes” due to prolonged impact of Covid-19. The redundancies affect 12% of all employees in the Singapore headquarters and come just days before new
Events in Singapore have been largely suspended during the pandemic and were only allowed within strict capacity limits and safe events protocol from October 2020, with travel and border restrictions effectively in place.
Constellar reports a 95% drop in physical events held at its managed venue, the
Constellar said saving jobs had been a priority and that it had implemented cost reduction and a freeze on wages and hiring. In addition to tapping Government support such as the Jobs Support Scheme (JSS), the company says it has also focused on job redeployment, retraining and upskilling for hybrid events.
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