Singapore tech giant Grab to lay off over 1,000 employees
The company has been narrowing its losses and aims to break even by the end of this year.
Walt Disney Co begins 7,000 layoffs
Several major divisions of the company – Disney Entertainment, Disney Parks, Experiences and Products, and corporate – are expected to be impacted.
Credit Suisse 'looking at cutting around 5,000 jobs'
The Swiss lender is under increasing pressure to turn around the business and improve its financial resilience.
Bosses group calls for wage subsidies to prevent retrenchment of workers
The Malaysian Employers Federation says subsidies should be given to those earning RM4,000 and below.
