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Originally Posted by Unregistered
hmm..13 yrs? are u kidding me? Dun mean to sound rude but where did u get your data?
Ever heard of Asia financial crisis,dot com bubble and recent great recession in 08 if your memory still dun fail you.
Last heard BoA is lashing 30,000 jobs by 2012 with UK banks like HSBC and RBS following suit. Other banks are tighting up and lowering cost by shifting operations and freezing hire at the moment.
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13 years ago was the Asian Financial Crisis. Singapore was hit hard. Since then, not much. 30k job cut from BoA doesn't affect Singapore a bit. I read the Straits Times religiously and all I see is economy still doing well, young people buying properties and economy humming along. Nothing on job losses in Singapore, except well just today (or yesterday) where there's an article on a jobless chap starting a Facebook page to gain attention or something.
