224,800 workers at 6,300 firms affected by cost-cutting measures from March to July: MOM

  • Half the affected workers were from the accommodation and food, construction, and wholesale and retail trade sector
  • Cost-cutting spiked at the start of the circuit breaker but has since decreased
  • MOM highlighted startups as a good source of jobs for jobseekers
    SINGAPORE — In the second of a weekly report on the job market in Singapore, the Ministry of Manpower (MOM) said on Thursday (Aug 20) that:
    Read more at https://www.todayonline.com/singapore/224800-workers-6300-firms-affected-cost-cutting-measures-march-july-mom

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