Avery hot topic over the past few months is that Singapore has been hit withnews of companies laying off employees. According to MOM statistics,nearly 40% of workers in Singapore will not be able to find another job within1 year. This article provides insight into which companies have beenlaying off employees, and dives into what employees can do to get themselves "future ready". Talentneeds to proactively acquire new skills in order to stay relevant in a verycompetitive talent market. Otherwise, maybe Plus Relocation will be helpingpeople move to new positions elsewhere in the region?
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What does the Singapore Downturn mean for talent, and Talent Mobility within APAC region?
He shared that one should always think of job from a demand versus supply point of view. Currently, some of the skill sets in high demand from Singapore employees, as noticed by LinkedIn includes cloud computing, SEO / SEM Marketing, marketing campaign management, algorithm design, user interface design, among others. If you are an expert in any of these skills, you are in luck.
If you don’t, it is therefore critical for you to have a change in mindset and actively acquire new skill sets in order to stay relevant in this ever competitive society.