Singapore telco SingTel announced some bold organisational changes in early March.
The repercussion of one of those changes is the recent news about it laying off about 500 of its workers in Singapore and its outsourcing of copper-based voice and data network infrastructure to Sino Huawei Technologies.
According to local media reports, the laid off workers are being absorbed by Sino Huawei under existing terms of employment. In addition, they will also receive retrenchment benefits.
Quoting SingTel Networks Group executive vice-president Tay Soo Meng, Today reported that the offer for retrenched staff to work at Sino Huawei came after the company was appointed to operate SingTel's copper-based voice and data network infrastructure.
This deal will be in effect from 1 June and is for an initial period of five years.
The paper said that outside Singapore, SingTel is also restructuring. Its Australian arm, Optus, is also likely to cut jobs. It might mean a job loss of 700 employees there, the report said.
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