Staff
UCars lays off staff, replaces CEO after being served legal notice for debts
BARELY five years after it started in mid-2019, a car portal set up to challenge incumbent sgCarMart is skidding towards an uncertain future. UCars has been served a notice...
China police takes ‘coercive measures’ against staff at Zhongzhi
CHINESE authorities said they took “criminal coercive measures” against some employees at the money management business of Zhongzhi Enterprise Group, weeks after a Beijing court accepted the shadow banking...
Alibaba overhauls incentives to entice staff as stock languishes
ALIBABA Group Holding will roll out a new employee incentive plan starting April that combines equity with cash, a significant adjustment designed to help the e-commerce giant attract and...
Morgan Stanley cuts 9% China fund unit staff amid market rout: sources
MORGAN Stanley has laid off about 9 per cent of its staff at its asset management business unit in China, two people with direct knowledge of the matter said,...
Shiseido offers early retirement for 1,500 staff amid cost cuts
SHISEIDO is offering early retirement for around 1,500 positions in Japan as the skincare firm seeks to boost growth and profitability. The plan will be offered to employees who...
Leisure firm told scanning staff faces is illegal
The data watchdog orders Serco Leisure to stop using facial recognition technology on its employees. Source link
Digital media upstart Vice laying off ‘several hundred’ staff: CEO
VICE, the dynamic, fast-growing digital media company that gained a wide following with young readers, said on Thursday it will no longer publish on its flagship website and is...
Singapore banks give junior staff one-off bonus amid rising cost of living
THE trio of Singapore lenders are giving their junior employees globally a one-time bonus amid cost-of-living concerns. The banks noted that this was in line with recommendations from Singapore’s...
