Temasek CEO to Businesses: Don’t Retrench Obsolete Workers, Re-skill Them
Companies need to take responsibility for the skills workers need to stay employed in a world where jobs are being disrupted by technology, the boss of one of Asia’s largest investment firms said this week. Speaking at the Stewardship Asia Roundtable 2018 on Monday, Ho Ching, executive director and chief executive officer of Singapore sovereign wealth fund Temasek Holdings, said businesses should stop “outsourcing” the skills crunch problem to governments and step up to ensure their workers stay employable over the long term.
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