Wednesday, January 21, 2009

CNA, 200K foreign workers to leave Singapore by 2010

Channel News Asia says, Singapore has total of more than 500K foreign workers, expatriates and permanent resident etc, it’s population will drop drastically should they are retrench. What will those companies say? Quotes from Yahoo News,

“The job cuts, which would include highly—paid expatriates and permanent residents, "

"As a result, job losses are likely to hit the Singaporean economy hard because they affect more highly paid workers and could result in a semi—permanent drop in the population,”

Few days before CNY, I hate to give you the bad News.

(Link) CNA, Yahoo News, Singapore’s population could fall by 4% as foreign workers laid off. (Thanks, honey!)

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