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In times of tight budgets, state governments usually cut spending. Whether the tight budget was self-inflicted or not. One common “cost savings” approach is to fire state workers...
£1.7 b savings plan will lower break-even point cushioning margins
GovTech’s restructuring shows how fair compensation, retraining and career support can help retrenched workers move forward. The post 6 Things Employers Should Do When Retrenching...
Job stability today is built less on the reputation of an employer, and more on an individual’s ability to remain relevant over time. The post Govt Retrenchment Doesn’t Mean The ‘I...
Diamond miner De Beers Group has, consistent with recent actions to improve business resilience, decided to pause production at its Venetia mine, in South Africa, for two years to...
“Frequent changes in projections reflect a lack of diligence in estimation and planning for budgetary requirements, and cause unwarranted disruptions in achieving physical and cons...
The used car supermarket is scaling back its bigwantsyourcar.com operation as direct supply partnerships become more important.
Federal govt fails to report any tangible savings from its rightsizing exercise
There were 4,500 retrenchments in Q2 2026, up 17.5%. This is the highest since 4Q 2020. The post Retrenchments Are Rising But Unemployment Remains Low: What’s Happening In Singapor...
“These changes involves certain positions in the Company becoming redundant and accordingly, the Company has incurred a one-time charge with respect to staff cost optimization,” it...
Secretary for Justice Andrew Kibblewhite says the restructure will "sharpen" the organisation's focus.
Patreon, the creator-focused monetization platform, said on Thursday it was laying off 20% of its employees as it changed how its internal structure operates. The cuts will affect...
TCR-T specialist TScan Therapeutics will reduce its workforce by 75% following the pause of its hematological and autoimmune programs.
Focus on small ticket disinvestment is paying off
The U of Utah's 401(a) cut from 14.2% to 10% signals a broader employer shift away from rich retirement benefits
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