STARHUB is about to make changes in its organisational structure that could result in lay-offs among its 2,500 employees in a bid to stay "agile and lean" ahead of new challenges, disruptions and threats.
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The whole department or section is dissolved and this has nothing to do with your job performance.
ReplyDeleteStarHub's restructuring is expected to see S$210 million in savings over a three-year period from 2019.
ReplyDeleteThe decision to lay-off the 300 positions was not taken lightly, the StarHub's CEO said. “We wish to recognise the extensive contribution that our impacted employees have made to the company’s past development and growth. Such decisions are never taken lightly.”
“I am very aware of the impact on all our employees, and we are making every effort to support those impacted through this challenging transition. The redundancies are not an individual performance issue but one of strategic realignment of StarHub.
"We have been extremely fortunate to have many competent people in our team but some positions are not sustainable given the current industry pressures,” he added.
Read more at https://www.channelnewsasia.com/news/singapore/starhub-to-axe-300-employees-restructure-company-amid-intense-10787566
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Why die die we must pursue financial independence! You love your job but CEO doesn't love you!