BERLIN : Faced with a tight labour market and a shortage of workers with key software engineering skills, some German companies are looking at thousands of layoffs in Silicon Valley as an opportunity to recruit top talent.
Spooked by inflation and the prospect of recession, Google parent Alphabet, Microsoft and Facebook owner Meta have announced a combined almost 40,000 job cuts. The government is simplifying immigration rules and dangling the prospect of easily-acquired citizenship to tempt skilled would-be immigrants, and regional authorities are pressing ahead.
"And did I mention Oktoberfest?" Gerlach added, adding Munich's famed beer festival to the strong labour protections that might prove attractive to the newly jobless.
Being cancer-stricken and begging CPF Board to repay overdue debt; that which in any case cannot be done as the money had been commingled and funneled to private entity Temasek Holdings for Ho Ching to wager on unviable, untenable and ultimately, invariably doomed gambles