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Swedish home appliance manufacturer Electrolux announced the closure of its regional headquarters in Singapore, affecting 100 to 200 employees. Most employees will be laid off, and a few may choose to move to Bangkok, Thailand.
Ray Faye, director of transformation communications at Electrolux Asia Pacific, confirmed the headquarters closure and the leadership team will be relocated to Bangkok. The company did not disclose the specific number of layoffs, but emphasized that it would provide maximum support. In October last year, Electrolux announced that it would lay off 3,000 employees and merge its European and Asia Pacific, Middle East and African businesses.
Thailand and Australia will become key hubs after the restructuring. The Singapore office will continue to operate, responsible for product repair and sales.
(Source: Oriental Daily Picture source: freepik)
