Why is there no news about layoffs in Singapore? Are they not cutting jobs?
6 replies (most recent on top)
Government is paying 75% of salaries this month.
Singapore Mfg got a good 2months bonus just 2 months ago, may be they are very good and will not be touched for now...
Singapore and arbroath too be hit simultaneously both 35% then reviewed in July
Singapore WL Mfg’s capital order book has been pushed out or reduced for the year.
HCTs orderbook hasn’t been impacted hardly by the recent events. Some will occur, but most likely they will be minimal at best.
They’re coming. Layoffs always occur in a certain order - field camps and operations get hit first, then manufacturing gets hit next, and then last the folks back in the office get hit. As Singapore is mostly manufacturing and office personnel their layoffs are still to come, probably this week before Halliburton announces their 1st quarter earnings numbers next Monday 4/20.