Creative Technology lays off 40 staff in restructuring amid wider tech industry job cuts

SINGAPORE: Home-grown electronics company Creative Technology has laid off around 40 employees, representing approximately 14% of its workforce, as part of a restructuring exercise.The move comes amid a wave of job cuts in the tech industry, both in Singapore and globally.Confirming the layoffs, a company spokesperson told state media The Straits Times, “Creative Technology has undertaken a decision to restructure parts of its business to adapt to the evolving market conditions. As part of..