#824: NTUC Calls Out Employers Hiding Retrenchment & US Probe Finds Singapore Guilty

NTUC exposes employers reframing retrenchments as "new opportunities," requiring workers to reapply for roles abroad despite layoffs. Elsewhere, a US Probe finds Singapore guilty of using forced labour, threatening 12.5% tariffs on one-third of SG's exports to the US.

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𝙁𝙤𝙡𝙠𝙡𝙤𝙧𝙮

𝘠𝘰𝘶𝘳 𝘥𝘢𝘥 𝘸𝘰𝘶𝘭𝘥 𝘯𝘦𝘷𝘦𝘳 𝘢𝘴𝘬 𝘧𝘰𝘳 𝘢𝘯𝘺𝘵𝘩𝘪𝘯𝘨, 𝘣𝘶𝘵 𝘩𝘦'𝘴 𝘵𝘩𝘦 𝘰𝘯𝘦 𝘸𝘩𝘰 𝘴𝘵𝘢𝘺𝘦𝘥 𝘶𝘱 𝘸𝘢𝘪𝘵𝘪𝘯𝘨, 𝘸𝘰𝘳𝘳𝘪𝘦𝘥 𝘴𝘪𝘭𝘦𝘯𝘵𝘭𝘺, 𝘢𝘯𝘥 𝘴𝘩𝘰𝘸𝘦𝘥 𝘶𝘱 𝘦𝘷𝘦𝘳𝘺 𝘵𝘪𝘮𝘦 𝘸𝘪𝘵𝘩𝘰𝘶𝘵 𝘮𝘢𝘬𝘪𝘯𝘨 𝘢 𝘣𝘪𝘨 𝘥𝘦𝘢𝘭 𝘰𝘧 𝘪𝘵.

𝘍𝘰𝘭𝘬𝘭𝘰𝘳𝘺 𝘵𝘢𝘬𝘦𝘴 𝘺𝘰𝘶𝘳 𝘮𝘦𝘮𝘰𝘳𝘪𝘦𝘴 𝘢𝘯𝘥 𝘵𝘶𝘳𝘯𝘴 𝘵𝘩𝘦𝘮 𝘪𝘯𝘵𝘰 𝘢 𝘱𝘳𝘰𝘧𝘦𝘴𝘴𝘪𝘰𝘯𝘢𝘭𝘭𝘺 𝘱𝘳𝘰𝘥𝘶𝘤𝘦𝘥, 𝘱𝘳𝘪𝘷𝘢𝘵𝘦 𝘱𝘰𝘥𝘤𝘢𝘴𝘵 𝘫𝘶𝘴𝘵 𝘧𝘰𝘳 𝘺𝘰𝘶𝘳 𝘥𝘢𝘥. 𝘚𝘰𝘮𝘦𝘵𝘩𝘪𝘯𝘨 𝘩𝘦 𝘤𝘢𝘯 𝘬𝘦𝘦𝘱 𝘢𝘯𝘥 𝘤𝘰𝘮𝘦 𝘣𝘢𝘤𝘬 𝘵𝘰. 𝘠𝘰𝘶 𝘳𝘦𝘤𝘰𝘳𝘥, 𝘸𝘦 𝘩𝘢𝘯𝘥𝘭𝘦 𝘵𝘩𝘦 𝘳𝘦𝘴𝘵, 𝘢𝘯𝘥 𝘪𝘵𝘴 𝘳𝘦𝘢𝘥𝘺 𝘸𝘪𝘵𝘩𝘪𝘯 𝘢 𝘸𝘦𝘦𝘬.

🎙️ 𝙁𝙖𝙩𝙝𝙚𝙧'𝙨 𝘿𝙖𝙮 𝙎𝙥𝙚𝙘𝙞𝙖𝙡 𝘜𝘴𝘦 𝘤𝘰𝘥𝘦 𝙇𝙊𝙑𝙀𝘿𝘼𝘿 𝘧𝘰𝘳 10% 𝘰𝘧𝘧. 𝘉𝘰𝘰𝘬 𝘺𝘰𝘶𝘳 𝘳𝘦𝘤𝘰𝘳𝘥𝘪𝘯𝘨 𝘣𝘺 𝘛𝘩𝘶𝘳𝘴𝘥𝘢𝘺, 11 𝘑𝘶𝘯𝘦 𝘢𝘯𝘥 𝘪𝘵'𝘭𝘭 𝘣𝘦 𝘳𝘦𝘢𝘥𝘺 𝘣𝘦𝘧𝘰𝘳𝘦 𝘍𝘢𝘵𝘩𝘦𝘳'𝘴 𝘋𝘢𝘺. 𝘖𝘳𝘥𝘦𝘳 𝘢𝘵 www.Folklory.com

𝗢𝗻𝗲 𝗦𝗵𝗶𝗼𝗸 𝗧𝗵𝗶𝗻𝗴

• Terence: Desi Bling | Official Trailer
• Haresh: These Teens Are Choosing Trade Classes to AI-Proof Their Futures

𝗧𝗼𝗽𝗶𝗰𝘀 𝗼𝗻 𝘁𝗵𝗶𝘀 𝗘𝗽𝗶𝘀𝗼𝗱𝗲:
NTUC Calls Out Employers Hiding Retrenchment

• NTUC concerned about employers presenting retrenchments as 'new opportunities' by asking workers to reapply for roles abroad
• Employees who lose positions in S'pore are considered retrenched, even if asked to reapply for other roles: MOM, NTUC
• SG Layoff Tracker

US Probe Finds Singapore Guilty

• Singapore could face 12.5% US tariff after forced labour trade probe
• Potential Trump tariffs of 12.5% could hit one-third of Singapore exports to the US: MTI
• Singapore has US$27b trade deficit with US, to seek clarification on US Trade Representative probe: MTI
• USTR Makes Findings and Proposes Action in 60 Section 301 Investigations Relating to Failures to Take Action on Trade in Forced Labor Goods | United States Trade Representative
• Singapore Business Federation Urges U.S. Trade Representative to Recognise Singapore’s Market Oriented Economy and Robust Labour Enforcement in Section 301 Investigations

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(00:00) Intro
(08:30) NTUC Calls Out Employers Hiding Retrenchment
(25:30) US Probe Finds Singapore Guilty
(35:30) One Shiok Comment
(40:00) One Shiok Thing

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