StarHub begins retrenchment excercise, package offered above market practice

Nederland Nieuws Nieuws

StarHub begins retrenchment excercise, package offered above market practice
Nederland Laatste Nieuws,Nederland Headlines

Starhub's retrenchment exercise started in earnest on Monday and is expected to last till the end of the week, with laid-off workers said to receive a package that is slightly more generous than the standard market practice. Singapore's second-largest telco had earlier announced in October that it will be axing 300 of its full-time and contract staff - a move deemed necessary by its recently-appointed chief executive Peter Kaliaropoulos as part of a strategic transformation amid 'current industry pressures'.

 

Nederland Laatste Nieuws, Nederland Headlines

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