Suntec Singapore retrenches almost half its workforce as MICE industry badly affected by COVID-19

  • 📰 YahooSG
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 71%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Nearly half of the workforce at the Suntec Singapore Convention and Exhibition Centre (Suntec Singapore) will be retrenched as Singapore’s meetings, incentives, conventions and exhibitions (MICE) industry continues to be badly affected by the COVID-19 pandemic.

SINGAPORE – Nearly half of the workforce at the Suntec Singapore Convention and Exhibition Centre will be retrenched as Singapore’s meetings, incentives, conventions and exhibitions industry continues to be badly affected by the COVID-19 pandemic.

With the retrenchment exercise, Suntec Singapore will have a workforce of 89 Singapore residents and four foreign staff members. Suntec Singapore later closely consulted BATU throughout the retrenchment exercise, while complying with the NTUC Fair Retrenchment Framework, tripartite advisories as well as the collective agreement with the union.

Retrenched employees will receive a month’s salary for every year of service as severance payment, following a collective agreement signed with the union. So far, the NTUC’s e2i has identified at least two job opportunities – including roles in the F&B industry, as well as sales and events – for every affected Singaporean or PR staff.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 3. in CA

Canada Canada Latest News, Canada Canada 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 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.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Suntec 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.
Source: BusinessTimes - 🏆 15. / 51 Read more »