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analysis CNA Lifestyle

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Budget 2024: New financial support scheme in the works for retrenched workers

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Ramu Chinnarasa arriving at the State Courts on Sept 19, 2024.

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Facebook parent Meta, Twitter and Shopee. Most recently, e-commerce giant Lazada retrenched at least 100 employees at the start of this year, though it has not specified the exact number.

Lazada did so without informing the workers’ union either, with some telling CNA that they were caught off-guard and were not offered a satisfactory retrenchment package.

Source: CNA
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