140,000 employers will be receiving the payout which will add up to a total of S$15 billion disbursed since the first round of support packages.
A surge of employment after the reopening of Australia’s economy was not enough to offset the increase in the number of jobseekers.
The company’s latest product “Zoom for Home” is touted as combination of hardware and software designed for working remotely.
The integrated resort operator said the vast majority of local staff have been retained while all affected workers will get a “fair compensation”.
The Philippines is set to have the highest unemployment rate in Southeast Asia this year, according to the latest report.
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Despite the record unemployment rate, there are signs of economic recovery in the Southeast Asian country.
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The accounting giant will be partnering with an international business school to provide its employees with an online MBA course.
Singapore employers are facing a challenge in retaining their talent, with 41% of workers considering to be entrepreneurs.
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It will also help companies in Singapore meet manpower needs by mobilising workers from firms with excess manpower.
More than half of them also believe that their employers’ existing training and re-skilling programmes are not adequate.
Speaking ahead of the country’s general elections, Prime Minister Lee Hsien Loong insisted that jobs will be the government’s top priority.
Despite the optimism, there are still concerns among Malaysian workers that automation is putting their jobs at risk.
Besides equipping job seekers with digital skills, the initiative will also help employers upskill new and existing employees.
The programme will help equip leaders with digital leadership skills and competencies needed to thrive in today’s fast-changing business environment.
The latest survey also revealed that Singaporeans had to work outside of their usual hours such as evenings and weekends during the work-from-home period.
The International Air Transport Association (IATA) warns that the aviation industry’s recovery will be long and challenging.
Despite the jobs saved, Malaysia’s unemployment rate is expected to increase in the coming months due to the impact of the COVID-19 pandemic.
The job cuts, affecting a mainly Singapore-based workforce, will come from across all parts of the business.
Employees said they will only be comfortable going back to their offices if a treatment or vaccine is found, according to a survey.
It makes up about 5% of the country’s workforce, with their salaries cut by up to 25% as a result of cost-saving measures.
The last time the unemployment rate in Australia broke 7% was in October 2001.
This comes three months after cutting 25% of its senior management pay and all budgeted salary increases for the year.
The airline is hoping that the allowance will help boost the morale of its employees, having already halved their summer bonuses.
The Indonesian government also predicted 4 million to 5.5 million people will lose their jobs this year due to the COVID-19 pandemic.
The airline’s latest decision to cut several work benefits, particularly health welfare, has proven to be the last straw for its employees
The average budget for well-being programs has also increased to $4.9 million in 2020, up 36% over 2019.
The e-commerce giant will also be making the technology open source to help other businesses ensure social distancing for their employees.