SINGAPORE: The Ministry of Manpower does not intervene in the job market by “directly and arbitrarily adjusting” the number of Employment Passes or S Passes it issues when there are business fluctuations, Manpower Minister Tan See Leng said on Wednesday .
His question comes as global tech companies including Meta and Alphabet have announced layoffs, with employees in Singapore affected by the retrenchments.Meta layoffs: Singapore employees affected across many departments; spreadsheets circulating to help job hunt With fewer points, it will be more difficult for such companies to meet the requirements for their EP applications.'Not zero-sum game': Careful balance needed for foreign manpower policies, says Tan See LengMeanwhile, the S Pass sub-Dependency Ratio Ceiling limits the number of foreign workers a company can hire to a given percentage of its total workforce.
“This ensures that firms do not turn to cheaper options as a first resort, to ride out a business downturn,” he added.
Then where is the screw up ?
too many 😢
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