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Tag Archives: 800 Layoffs

Keppel Reports 2,800 Layoffs, Profitable Q1

Keppel Corporation announced its first quarter results on Monday, including an update on operation at its Keppel FELS offshore shipbuilding division. Keppel has cut its shipbuilding workforce by 2,800 positions (almost 10 percent) since the start of 2016, including 500 jobs in Singapore. The cuts come on top of 6,000 direct-hire staff and nearly 8,000 contractors let go over the ...

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