More employees will be allowed to return to the office subject to capacity limits, although work-from-home remains the default mode of working.
Trade and Industry Minister Chan Chun Sing said Singaporeans should not worry as there are 3.5 million jobs for 2.5 million locals.
The company, who has offices in Malaysia, Indonesia and Thailand, sees Singapore as a strategic location to expand its presence in Southeast Asia.
SIA CEO said it is the "hardest and most agonising decision", and that the retrenchment will be done in a fair and respectful manner.
The economic outlook remains uncertain and Singapore has yet to feel the full economic impact of the COVID-19 pandemic, experts said.
The company is also introducing a new Group Early Critical Illness coverage this month, which is designed to provide payout for early stage critical illnesses.
Manpower Minister Josephine Teo also revealed there were 90,500 unemployed Singaporeans and permanent residents as of June this year.
The coalition will collaborate to outline a set of guidelines for businesses and communities to help restart the economy safely.
While confident that they can tide over the pandemic, most businesses in Singapore acknowledge the challenges facing them.
The MOM is stepping up their scrutiny and enforcement actions against employers in Singapore who blatantly practise discrimination.
Minister for Manpower Josephine Teo said the adjustment is to enable firms to access the manpower they need while ensuring a strong Singaporean core.
WSG has continued to help mid-career employees in Singapore transition to new careers.
The three most common cost-cutting measures are adjustments to monthly salary components, no-pay leave and shorter work weeks.
The Ministry of Manpower (MOM) also revealed the top five jobs that are offered in its weekly jobs situation report.
The latest Singapore data centre, which is its first in Southeast Asia, brings its total to 18 sites globally.
The scheme, which was due to expire in August, will be extended by seven months until March next year at a more sustainable level.
Google Singapore’s Ben King explains to HRM Asia the company’s role in the Skills Ignition SG programme, and how it is helping to reshape L&D needs.
A new scheme offers cabin crew members the option of early release or retirement as the airline continues to struggle with the COVID-19 pandemic.
Manpower Minister Josephine Teo revealed that about seven in 10 of the jobs committed so far are PMET roles.
Companies operating in Singapore have called on more flexibility to be exercised where work arrangements are concerned.
The companies, which comprise of both large and small firms, are found to have “exceptionally high share of PMETs compared with their industry peers".
Uber employees can choose to continue working from home through June 2021, even if offices open before then.
The company will also be offering a COVID-19 special early retirement scheme to all ground staff and pilots.
NTUC, together with three unions, has reached an amicable agreement with a SIA Engineering-linked company on the retrenchment.
As of June 2020, there were 90,500 unemployed residents, of whom 79,600 were citizens.
The company has reportedly laid off 144 workers over three days without providing prior notice or proper reason.
Minister for Manpower Josephine Teo also expressed her commitment to ensuring essential workers get “fair opportunities” to progress.
As cyberattacks become more prevalent, sophisticated, and large-scale, there has never been a greater demand for ethical hackers.
The work-from-home insurance policy will cover risks ranging from mental health issues to even tripping over toys.
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.