#singapore

I’m assuming a lot of employees are going with Eneos. Will there even be a need for an office there after the sale?

Another round of cuts incoming?

https://www.reuters.com/business/energy/chevron-plans-finalise-singapore-oil-assets-sale-q1-sources-say-2026-01-21/

Who has received notice?

This new APAC office will relocate to Sing a Poar with hubs in Shanghai, Seoul, and Tokyo!

I’ll get the ball rolling : 300 from non mfg and 200 from mfg axed.
Package not bad 25 mths but company can pull the plug anytime up to your departure date and have you stay.

Ok start gibbering !

This is part of year-end layoffs round. More information will be released soon. Brush up your resume and hang on tight.

As far as I know , no news about layoffs in Australia , Singapore

What do you all think? Does that mean imminent layoffs in US/UK?

There was supposed to be some sort of big meeting or announcement 10:00 a.m. the other day. What is the news from that?

Watch it in real time www.thelayoff.com/t/16zEvLP3 or @OP+16zEvLP3

Email just out, announcement for Singapore at 10AM tomorrow

SINGAPORE - US energy giant ExxonMobil has begun production at a new plant in Singapore to convert heavy residue that is left after refining of crude oil into higher-value lubricant base stocks and lower-sulphur fuels.

The plant’s start-up marks the completion of the multibillion-dollar Singapore Resid Upgrade Project announced in 2019. The project was originally scheduled to be completed in 2023 but was delayed by the Covid-19 pandemic, which affected many large projects here.

ExxonMobil said the new plant on Jurong Island will increase its Singapore base stocks production capacity by 20,000 barrels per day (bpd). The higher production will include up to 6,000 bpd of a new-to-industry lubricant base stock for engine oils and greases used in commercial vehicles and industrial sectors.

The new plant will also enable the refining complex to increase production of ultra-low sulphur diesel and products that can also be used for lorries, construction vehicles and power generation turbines.

ExxonMobil’s Singapore refinery produces fuels and base stocks for industrial and automotive lubricants, and aromatics that are marketed within Singapore and exported to countries across the Asia-Pacific region.

The company said the plant, which uses a first-of-its-kind technology, is a strategic investment in Singapore and represents ExxonMobil’s ongoing efforts to transform its manufacturing assets to better meet the demand for high-quality fuels.

Ms Geraldine Chin, chairwoman and managing director of ExxonMobil Asia Pacific, said: “No other company in the world can do what we’ve done in Singapore.”

She added: “We will deliver innovative products to the market by deploying our proprietary technology and expertise. We’re proud of the teams who helped make this possible.”

Experts believe the high-viscosity lubricant market is poised for significant growth worldwide, driven by increasing demand in the automotive and industrial sectors for enhanced equipment efficiency, durability, and performance under extreme conditions.

Asia-Pacific is a leading region where demand for these lubricants is rising amid industrial expansion, technological advancements, and a growing emphasis on environmental regulations that promote the use of high-performance, climate-friendly lubricants.

ExxonMobil is one of Singapore’s oldest and largest investors, with over $30 billion in fixed-asset investments to date. It employs about 3,500 people here, and its operations create business for about 2,000 other firms – mostly small and medium-sized enterprises. Its regional teams that trade oil and liquefied natural gas, and work on low-carbon solutions, are also based in Singapore.

https://www.straitstimes.com/business/companies-markets/exxonmobil-starts-new-plant-in-singapore-to-produce-lubricants-and-cleaner-fuels

Anyone knows if Singapore will have any layoffs?

I recently heard a rumor (not officially confirmed) that Dell Technologies may be planning a phased withdrawal from the Chinese market, with a complete exit by Q3 2027. Below is the timeline I heard:

2025 Q4 – End of Production
Closure of Xiamen & Chengdu factories

2026 Q1 – Sales Reduction
Halt consumer PC sales, end new enterprise contracts

2026 Q3 – R&D Relocation
Shanghai R&D center moves to Singapore

2027 Q3 – Complete Exit
Deregister legal entities, keep compliance only