What does job security look like in today's volatile and rapidly evolving work environment? Career strategist Adrian Choo weighs in.
In Singapore,
Retrenchments aren’t confined to the tech sector. With the impending closure of the Singapore Turf Club ,THE WORRY IS REAL Gone are the days when individuals could rely on a single job for their entire career, assured of stability and financial well-being. Today, workers find themselves grappling with the myth of job security, an illusion shattered by layoffs, downsizing, and the ever-evolving nature of work.
Another recent survey by Randstad showed similar sentiments, with 48 per cent of respondents in Singapore saying that they were worried about losing their jobs. The survey also showed that 71 per cent of respondents felt their financial position was preventing them from retiring as early as they want.
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