[OFFICIAL] S&P 500 Market Watch

[DevilPlate]

They have to cut. Else more Singaporeans working in MNCs might continue getting cut.

I believe layoff partly due to AI restructuring

 

[Jirachi]

I believe layoff partly due to AI restructuring

Ya, that too + cost cutting.

I even see local companies cutting some jobs. Imagine earn in SGD and being paid in SGD already getting some small layoffs. Imagine how much more expensive to hire Singaporeans now and paid in SGD after this crazy appreciation against the USD

 

[DevilPlate]

Ya, that too + cost cutting.

I even see local companies cutting some jobs. Imagine earn in SGD and being paid in SGD already getting some small layoffs. Imagine how much more expensive to hire Singaporeans now and paid in SGD after this crazy appreciation against the USD

I think current usd/sgd not so bad.

Past 10years average ~1.33

 

[Jirachi]

I think current usd/sgd not so bad.

Past 10years average ~1.33

Yeah. But this year strengthened around 11%