Creative Technology Restructures, Cuts 40 Jobs Amid Industry-Wide Layoffs
2025-03-18
The Online Citizen Asia
Singapore-based Creative Technology has announced a major restructuring effort, resulting in the loss of 40 jobs, approximately 14% of its workforce. The move aims to ensure a more sustainable future for the company amidst evolving market conditions and a rapidly changing tech landscape. This decision comes as the tech industry faces widespread job cuts, with many companies adapting to shifting consumer demands and economic pressures. Key areas such as digital transformation and innovation are expected to drive future growth. By streamlining its operations, Creative Technology seeks to stay competitive in a challenging market.
