tbh no one should be happy if big tech in sg are retrenching /rescinding offers

Just gonna make recession worst and desperate fresh grad can surely take on any jobs that require no experience and be direct competitor

which departments and what roles will be affected? anyone inside?

no you fool. it just means we're seeing some long-overdue market correction, n overvalued unprofitable "tech" companies with a burn rate faster than a Saturn V rocket, are finally being brought back down to earth.

these useless overvalued companies w questionable financial discipline hv long been propped up by nothing more than easy VC money sloshing around. and they're by no means the bellweather for the economy.

i hv honestly less respect for frivolous ecommerce and other gimmicky one-product "tech" companies than I have for oil & gas extractive companies in terms of contribution to the world.

All the news abt layoff are not true. Only selected teams mostly in overseas. Sg are not much affected

And for those who say offer rescinded - sure a not? Got proof to post? Don’t spread fake news

Ok. Continue your dream.
The bubble is bursting.
Overhiring now correcting the mistake made when things are stable.
Time to retrench. But retrenchment requirements include NDA which
covers online discretion. So you don't see these evidence anywhere.

Run while you can. Don't be caught without a job or pay freeze.

must be a typical dumb shopee employee, of course they tell the news some version that is watered down and downplayed

your ceo few months ago tell you stay strong and hodl the stock now what happens?

anyone else has offers rescinded

if you had your offers rescinded you should be happy that you dodged a bullet

I farming in civil serpent, job is the last thing to worry, worry yourself first

Fresh grad jobless is good. More chio fresh girl will advertise on sammyboy forum for us to choose. Hope this recession will be deep and we have more pussy to choose and pump!