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retrenchment

The first round of layoffs started in July, when 93 employees of its 3,900-strong team were retrenched. GovTech expects a total of 7% to 9% of its workforce to be affected over the next two years, including the third round.

In the second of three rounds of layoffs, the Government Technology Agency of Singapore (GovTech) let go of 38 employees to reduce reliance on vendors.

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