ExxonMobil to Cut 300 Jobs in Singapore, Citing ‘Unprecedented Market Conditions’ Due to Covid-19, Companies & Markets News & Top Stories

[ad_1] SINGAPORE – ExxonMobil will cut around 300 positions from its workforce in Singapore, where its largest refinery is located, by the end of 2021. This represents about 7 percent of its workforce in the Republic, as unprecedented market conditions resulting from the Covid-19 pandemic accelerated the ongoing reorganization, it …

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Comment: Maybe Jack Ma became too powerful for China’s taste

[ad_1] HONG KONG: Imagine if Jeff Bezos or Bill Gates disappeared from public view and it was automatically assumed that they had been arrested on the orders of President Joe Biden and were being interrogated in a secret government jail. That’s the situation in the world’s second-largest economy, where Jack …

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NAC ‘disappointed’ with The Substation’s decision to close, says the company was ‘increasingly financially unsustainable’

[ad_1] SINGAPORE: The National Arts Council (NAC) said on Tuesday (March 2) that it was “disappointed” with The Substation’s board decision to close permanently and that the company was “increasingly financially unsustainable.” Earlier Tuesday, the Substation board cited the inability to fully return to the facility at 45 Armenian Street …

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