I mean just look at this:

s://.channelnewsasia.com/singapore/lucasfilm-shut-operations-singapore-studio-animation-visual-effects-disney-3700061

Out of nowhere, their rice bowl gone. And this isn't uncommon. Foreign banks do this to locals all the time. They decide SG isn't profitable, they pack up and leave. Shutting down the entire bank/department/team etc. As someone previously from the private sector working with private bankers/traders from these foreign banks...i can tell you they are constantly under pressure, and constantly worried. Hell, even my boss back then was constantly worried that she would be asked to leave if she doesn't deliver in a quarter or 2.