Sub-standard FTs in the IT sector are flooding Spore. This is happening in the Technology division of all investment banks - RBS, Barclays, ML, UBS, etc for IT support functions. The FTs are being recruited under the skilled manpower category and come in as EPs..then they convet to PRs. Investments banks, to cut cost, are recruiting vendor companies from India to supply the resources.
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FTs flooding Singapore - in IT sector - AsiaOne Forum