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Technology solutions provider for the airline and tourism sectors, Sabre, is reported to cut more that 900 jobs, including those in the company’s Asian headquarters in Singapore, The Straits Times reported.
Sources have told The Straits Times that affected staff will get a week’s pay for each year of service. However, when contacted by The Straits Times, a Sabre spokesman confirmed the job cuts but declined to comment on how many in Singapore were affected, or the compensation offered.
The spokesperson said: “The job reductions being implemented amount to approximately 9% of our existing workforce of 10,000, plus the elimination of certain open positions.”
“We operate in a dynamic industry and remain focused on building our core capabilities for continued growth and success. From time to time, we adjust staffing to meet business requirements and opportunities, just like any well-managed company must do.”
According to The Straits Times, Singapore’s Taskforce for Responsible Retrenchment and Employment Facilitation, and The Singapore Manual and Mercantile Workers’ Union are in the loop and will provide all necessary assistance to affected employees.
Human Resources has contacted Sabre for a comment, but has received no response at the time of publication.
Photo / 123RF