SingTel axes 500 but offers them new jobs

SingTel is laying off about 500 workers in Singapore but they have been offered employment under existing terms at one of its contractors, Sino Huawei Technologies. They will also receive retrenchment benefits.

Most of the affected staff are from its multipoint distribution services department. MediaCorp understands that employees with at least 25 months of service will receive a payout equivalent to three-and-a-half months' salary.

SingTel Networks Group executive vice-president Tay Soo Meng said yesterday that the offer for retrenched staff to work at Sino Huawei came after the company was appointed to operate SingTel's copper-based voice and data network infrastructure. That deal, taking effect from June 1, is for an initial period of five years.

Mr Tay said there would be no change to the "existing roles, responsibilities, remuneration and benefits" of the workers. "A key reason for the selection of Huawei is that they offer excellent career opportunities, including travel and work in other key markets around the region," he said, adding that there would be no disruption to consumer or business services during this period.

ORIGINAL SOURCE
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