SINGAPORE: Meals and beverage producer and distributor Yeo Hiap Seng (Yeo’s) introduced 25 job cuts at its Senoko facility in Singapore, together with shifting its can manufacturing to Malaysia, on Tuesday (March 31). The corporate stated the transfer will allow its Johor and Selangor services to “optimise capability utilisation and strengthen general manufacturing effectivity throughout its community.”
The Senoko facility in Singapore will proceed to function the group’s headquarters, cross-border logistics hub, and smaller-scale manufacturing centre, the corporate added.
Whereas many Singaporeans grew up with the model, a netizen on-line stated, “These days who drink Yeos… unhappy truth of life. No Singaporeans shopping for native.” One other identified that shopper preferences of these within the little pink dot have modified.
A 3rd added, “Troublesome business in SG, I reckon. On one hand, individuals are extra health-conscious, and on the opposite, greater spending energy means individuals are okay with paying S$5 to S$7 of ‘freshly brewed’ tea. The commenter stated that as a “water particular person”, the one time he would even take into account shopping for Yeo’s is throughout Chinese language New Yr.
Yeo’s stated affected staff will probably be supplied with job placement help, profession steering, counselling assist, and retrenchment advantages, agreed with the Union and in step with the Ministry of Manpower’s Tripartite Advisory on Managing Extra Manpower and Accountable Retrenchment. These advantages will probably be commensurate with every worker’s wage and years of service. The corporate added that alternatives for open roles inside Yeo’s Malaysia may even be supplied, wherever attainable.
A netizen, nonetheless, famous, “Corporations are taking the ‘danger’ to broaden abroad, like Malaysia, for cheaper labour. No sane Singaporean would comply with take a Malaysia native package deal and relocate for decrease pay.”
This isn’t the primary time Yeo’s has reduce jobs. Channel Information Asia reported that in December 2024, it let go of 25 staff who had been employed to assist manufacturing for Swedish drink model Oatly after the corporate closed its Singapore plant. In 2022, Yeo’s additionally retrenched 32 workers amid shifting shopper demand, more durable retail circumstances, and rising prices. /TISG
Learn additionally: HSBC mulls AI-driven cuts, with as much as 20,000 jobs in danger: Bloomberg
