Shopback, PropertyGuru, Meta, eBay and Dell. These are just a handful of companies that carried out mass layoffs in the first quarter of 2024 alone.
What are the sure signs that a retrenchment is headed your way? How to tell if your job is safe? If you do get laid off, should you hide it from your next potential employer? We find out the answers from an HR professional who agreed to bare all the facts on condition of anonymity.
00:00 Tell-tale signs a layoff is coming
01:58 How HR decides who to lay off
03:34 Tactics to force you to resign?
04:29 Breaking the bad news
05:35 Why you shouldn’t lie about your retrenchment
Have feedback or an idea for a story? Email cnainsider@mediacorp.com.sg
Watch the #CNATalkingPoint forum special on retrenchment in Singapore, and how you can better prepare yourself should you be the next target of a layoff.
https://www.youtube.com/watch?v=ggy-It9MIME
Watch more:
Where You Should Stash Your Cash In Case Of A Financial Emergency | Money Mind | Personal Finance
https://www.youtube.com/watch?v=dPXJX391jpY
Is A Recession Coming In 2024? | Money Mind | Finance
https://www.youtube.com/watch?v=YLshGvV0lRo
Losing Our Jobs In COVID-19: This Is Our Story | Make It Work | Part 1/3 | CNA Documentary
https://www.youtube.com/watch?v=b7nYcxsaNHk
#CNAInsider #Singapore #Employment #Hiring #LayOffs #Retrenchment
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