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retrenched

Retrenchments hit smaller proportion of workers in S’pore, but more than doubled from last year

SINGAPORE – A smaller proportion of workers was retrenched last year amid the economic upheavals caused by the pandemic compared with previous recessionary years. However, the total number of workers who lost their jobs surpassed figures not seen since the dot.com bust in 2001 and the Asian financial crisis in 1998, when more workers were... » read more

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