Creative Technology Joins Tech Layoff Trend, Cuts 14% of Workforce
2025-03-17
The Business Times
Singapore's homegrown electronics firm Creative Technology has announced a significant reduction in its workforce, with around 40 staff members let go, accounting for 14% of its total workforce. This move is part of the ongoing wave of tech layoffs that has been sweeping the industry. As the tech sector continues to face challenges, companies are being forced to make tough decisions to stay afloat. With the rise of digital transformation and cloud computing, the job market is becoming increasingly competitive. Read more about the latest tech news and trends at The Business Times, your premier source for technology news and updates.
