According to a recent survey by MoM, 46% of Singaporean companies plan to hire in early 2025, while 32% intend to raise wages amid the projection of slower employment growth for 2025. In 2024, layoffs rose in the fourth quarter, with retrenchments increasing to 3,600 from 3,050 in the previous quarter, MOM attributed these layoffs primarily to corporate restructuring. Read more at: https://hrsea.economictimes.indiatimes.com/news/industry/46-of-sporean-firms-plan-to-hire-in-2025-amid-slow-employment-growth-mom-reports/117622266?ag=wappchnl&utm_source=wappchnl