Suntec Singapore retrenches 85 employees, with events suspended since April

Singapore News News

Suntec Singapore retrenches 85 employees, with events suspended since April
Singapore Latest News,Singapore Headlines
  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 63%

SINGAPORE - Nearly half of the employees of Suntec Singapore Convention and Exhibition Centre (Suntec Singapore) have been retrenched amid the on-going decimation of the meetings, incentives, conventions and exhibitions (MICE) industry.. Read more at straitstimes.com.

SINGAPORE - Nearly half of the employees of Suntec Singapore Convention and Exhibition Centre have been retrenched amid the ongoing decimation of the meetings, incentives, conventions and exhibitions industry.

"Due care has also been taken to ensure an ageless workforce, maintaining staff across the various age groups," said Suntec Singapore in a joint statement with the Building Construction and Timber Industries Employees' Union . The management of Suntec Singapore has also taken up to 40 per cent in pay cuts, it added, but uncertainty remains over when the situation will improve.

"Every individual in our team has contributed to the success of our company for many years and I am truly sorry to have to ask many of our wonderful and talented people to look for alternative employment," he said. So far, NTUC's Employment and Employability Institute has identified at least two job opportunities for each local employee who is affected, said the company.

Eligible union members will also receive help to apply for the NTUC Care Fund , which provides one-off support of up to $300.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

The Straits Times /  🏆 8. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Suntec Singapore cuts 85 jobs as Covid-19 takes toll on MICE industrySuntec Singapore cuts 85 jobs as Covid-19 takes toll on MICE industrySUNTEC Singapore Convention and Exhibition Centre is cutting its workforce and renewing its business strategy in the face of the Covid-19 pandemic's impact on the meetings, incentives, conventions and exhibitions (MICE) industry, Suntec Singapore and the Building Construction And Timber Industries Employees' Union (Batu) said in a joint statement on Thursday. Read more at The Business Times.
Read more »

Suntec Singapore cuts 85 jobs as Covid-19 takes toll on MICE industrySuntec Singapore cuts 85 jobs as Covid-19 takes toll on MICE industrySUNTEC Singapore Convention and Exhibition Centre is cutting its workforce and renewing its business strategy in the face of the Covid-19 pandemic's impact on the meetings, incentives, conventions and exhibitions (MICE) industry, Suntec Singapore and the Building Construction And Timber Industries Employees' Union (Batu) said in a joint statement on Thursday. Read more at The Business Times.
Read more »

Former tech support employee in Malaysia call centre jailed over sale of Singtel customer detailsFormer tech support employee in Malaysia call centre jailed over sale of Singtel customer detailsSINGAPORE: A technical support employee for a Malaysian subsidiary of Singtel retrieved unauthorised billing information belonging to Singtel ...
Read more »

The Big Story Podcast: Know your rights if you are retrenchedThe Big Story Podcast: Know your rights if you are retrenchedThis is a special episode of The Straits Times' video series The Big Story.. Read more at straitstimes.com.
Read more »

Singapore and Indonesia to begin discussions on 'reciprocal green lane' for essential travel: MFASingapore and Indonesia to begin discussions on 'reciprocal green lane' for essential travel: MFASINGAPORE — Singapore and Indonesia are set to begin discussions on a
Read more »

Singapore, Thailand to 'expedite' discussions on reciprocal green lane travel arrangement: MFASingapore, Thailand to 'expedite' discussions on reciprocal green lane travel arrangement: MFASINGAPORE — Singapore and Thailand will
Read more »



Render Time: 2025-04-27 00:16:48