Singapore GovTech cuts 93 jobs as 7%-9% overhaul starts
What's new: Officials said the restructuring is limited to GovTech, with 110 workers moving into retraining apprenticeships and 102 kept in place.
What's new: Officials said the restructuring is limited to GovTech, with 110 workers moving into retraining apprenticeships and 102 kept in place.
Why it matters: The payout tops last year’s 0.4-month midyear bonus, while the government warned economic downside risks remain significant.