More jobs are likely to be threatened this year, as IMF warns that the world economy is heading for its worst recession since the Great Depression in the 1930s.
A new research revealed the impact the COVID-19 pandemic is having on employee productivity and well-being in Singapore.
The digital platform will ensure employees stay engaged and productive while empowering them to share thoughts and concerns anonymously.
This is to help employees supplement their incomes if they have been affected by a shorter work week or temporary layoffs due to the pandemic.
More than Citi Singapore's 1,600 employees will each receive a special compensation award of S$1,200 which will cost the company S$2 million.