Tag: cuts
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Scale AI cuts 200 full-time staff weeks after Meta’s US$14.3B investment and founder Alexandr Wang’s exit
INTERNATIONAL: Just weeks after securing a US$14.3 billion (S$18.39 billion) investment from Meta and seeing its founder, Alexandr Wang, move over to the...
Recession-proof your wallet: 6 smart cuts to strengthen your finances in uncertain times
As speculations of economic ambiguity amplify, people are already trimming expenses, and the numbers prove it. From January through late March 2025, expenditure...
CCIC Singapore forced into liquidation and staff cuts after US sanctions freeze bank accounts
SINGAPORE: CCIC Singapore has announced its decision to cease operations and begin business liquidation, citing the unexpectedly severe impact of US sanctions imposed...
Singapore cuts 2025 GDP forecast to 0–2% amid US tariffs and global trade tensions
Singapore has revised its gross domestic product (GDP) growth forecast for 2025, lowering it from 1 to 3 per cent to a more...
Creative Technology lays off 40 staff in restructuring amid wider tech industry job cuts
SINGAPORE: Home-grown electronics company Creative Technology has laid off around 40 employees, representing approximately 14% of its workforce, as part of a restructuring...
