Tag: Layoffs
As of this writing, H&M currently operates six outlets across Singapore.
Galetti said the restructuring reflects efforts first outlined in October to simplify Amazon’s organisational structure and reduce internal complexity.
Hong Kong – Cathay Pacific Airways is cutting some non-operational roles, including positions in marketing and administration, as part of a broader push to rein in costs and redirect spending towards areas such as artificial intelligence, according to a Bloomberg report citing sources familiar with the...
Singapore – Global public relations agency We. Communications has laid off staff at its Singapore office as part of efforts to “realign” its business. The company confirmed the retrenchments on Friday (September 26). In a response to CNA, a spokesperson said the agency continues to maintain a strong...
Agoda has apologised for the ‘negative impact’ its latest retrenchment exercise in Singapore to some of its employees, following multiple media reports that put the popular online travel agency under pressure for allegedly ‘silencing’ its axed employees regarding the layoffs.
Hong Kong – DFI Retail Group, the operator of Wellcome, Mannings, and 7-Eleven, is reportedly preparing staff layoffs as part of efforts to sustain its business amid rising retail costs. According to the South China Morning Post, CEO Scott Price informed employees in an internal email that the company...
Dentsu International has confirmed said news to MARKETECH APAC, but declined to give more specific details on the exercise, including queries on how much of the workforce per region, including Asia-Pacific, will be affected by this.
Edelman has confirmed the news to MARKETECH APAC, but declined to comment on how much of the workforce was affected by this restructuring.
Indonesia – TikTok Shop, the e-commerce arm of ByteDance Ltd., is cutting several hundred jobs in Indonesia as part of a restructuring effort following its acquisition of Tokopedia’s operations from local tech group GoTo. According to a report from Bloomberg, which cited sources familiar with the matter,...
“We are committed to providing those affected with full benefits and support, and are deeply grateful for their many years of service to the company and to the public,” ABS-CBN said in a press statement.
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