All posts tagged: operations

Why Singapore firms are moving some operations overseas – and what that means for jobs

Why Singapore firms are moving some operations overseas – and what that means for jobs

Published by Sam Flores

SINGAPORE OFFERS CREDIBILITY, EFFICIENCY Ms Teo said the pattern of moving some functions out of Singapore has already been taking shape for years – particularly in banking and financial services, where shared service centres in Malaysia now handle many support functions. “Offshoring is not today’s business. It has been there for a decade,” she noted. “The support functions, the know-your-client roles, customer care roles, HR operations, finance operations, marketing operations roles, typically will be moved to Malaysia. But we do see a trend that the higher value jobs (will) still (be retained) in Singapore.” These include leadership roles, project management positions and specialist jobs, Ms Teo said. This is because Singapore still offers value many companies want, including reliability, efficiency, strong regulation and governance, she added. Prof Agarwal concurred, saying Singapore offers credibility to clients, as well as rule of law and an environment that is hard to replicate elsewhere. For those reasons, some functions are much less likely to move out of Singapore, especially in the areas of research and development, high-end pharmaceuticals and chip manufacturing, he said. Even with higher wages and …

Missouri crackdown forces major gambling machine supplier to halt operations across state

Missouri crackdown forces major gambling machine supplier to halt operations across state

Published by skeptic

Missouri’s largest supplier of electronic gambling machines is shutting down operations across the state, a move officials say marks a turning point in a widening crackdown on illegal gaming. Attorney General Catherine Hanaway said in a press release that Torch Electronics will stop running its machines beginning Friday, April 10, 2026, following coordination with federal prosecutors. State officials have long pointed to the company as the biggest distributor of unlawful gambling devices in Missouri. BREAKING: To avoid criminal prosecution, Torch Electronics is suspending all operations involving illegal gambling devices, effective this Friday. There has never been a gray market. My office and the U.S. Attorneys’ Offices will continue seeking enforcement actions against… pic.twitter.com/3ZllST6uq8 — Attorney General Catherine L. Hanaway (@AGCHanaway) April 8, 2026 The shutdown follows a joint investigation involving both U.S. Attorney’s Offices in Missouri and the attorney general’s office, indicating a coordinated push to rein in machines that have spread through gas stations, convenience stores, and other retail spots. “I am pleased to announce Torch Electronics has suspended all operations involving illegal gambling …

Xiaomi poaches Tesla’s delivery operations manager in Europe ahead of 2027 launch

Xiaomi poaches Tesla’s delivery operations manager in Europe ahead of 2027 launch

Published by skeptic

Xiaomi has hired Dieter Lorenz, Tesla’s Senior Manager of Delivery Operations for Central Europe, as its new Head of Delivery & Logistics Europe. The move signals that Xiaomi is aggressively building an operations infrastructure on the ground in Europe well ahead of its confirmed 2027 market entry. Lorenz isn’t the only Tesla operations employee making the jump, either. At least one other former Tesla operations staffer in Europe has also landed at Xiaomi, suggesting a deliberate recruitment push targeting Tesla’s European logistics expertise. From Tesla lifer to Xiaomi’s European logistics lead Lorenz spent over six years at Tesla in Germany, rising through a series of increasingly senior operations roles. He started as an Operations Supervisor in early 2020, moved up to Operations Manager for Germany, then expanded his scope to cover Germany, Poland, and the Czech Republic, then all of Central Europe. By September 2024, he held the title of Senior Manager of Delivery Operations for Central Europe — one of Tesla’s most important regional logistics roles. In a LinkedIn post announcing his departure, Lorenz …

Trump Proposes to Begin Privatizing TSA Screening Operations

Trump Proposes to Begin Privatizing TSA Screening Operations

Published by Sam Flores

WASHINGTON, April 3 (Reuters) – President Donald Trump on Friday ⁠proposed ⁠to begin privatizing airport security operations ⁠handled by the Transportation Security Administration, in an effort to save ​money. The White House budget proposes cutting funding for the federal agency created after the September 11, 2001 ‌attacks by $52 million and would require ‌small airports to enroll in a program in which TSA pays for private screeners. TSA has ⁠about 50,000 ⁠federal employees who handle screening at nearly all U.S. airports. Budget documents released ​on Friday said airports currently using the privatization program have demonstrated savings compared to federal screening operations. In recent weeks, major U.S. airports suffered massive disruptions after TSA security officers went unpaid since mid-February after funding ​for the workers was halted in a budget dispute. The standoff in Congress led to ⁠daily absences ⁠of 10% or more ⁠of TSA workers ​and brought chaos and long security lines to U.S. airports. The agency said on Monday the ​absence rate fell to ⁠8.6% after the security officers were finally paid. Privatization could help remove TSA …

Tesla named on Iran’s 18-company target list threatening Gulf operations

Tesla named on Iran’s 18-company target list threatening Gulf operations

Published by skeptic

Iran’s Islamic Revolutionary Guard Corps (IRGC) has named Tesla among 18 US companies whose Middle East operations it is threatening to attack in retaliation for the killings of Iranian military leaders. The threat carries an explicit deadline: 8:00 PM Tehran time on April 1. Tesla has been rapidly expanding across the Gulf over the past year, with showrooms, service centers, and more than 30 Supercharger stations now operating in the UAE, Saudi Arabia, and Qatar — all directly in the crosshairs. The IRGC threat In a statement published through Sepah News, its official outlet, the IRGC declared that “for every assassination, a U.S. company will be destroyed,” and warned that 18 American firms should “expect the destruction of their respective units” starting Wednesday evening. The full list includes Cisco, HP, Intel, Oracle, Microsoft, Apple, Google, Meta, IBM, Dell, Palantir, Nvidia, JPMorgan Chase, Tesla, General Electric, Boeing, Spire Solutions, and UAE-based AI firm G42. Advertisement – scroll for more content The IRGC’s justification centers on its claim that these technology and AI companies play a direct …

Aristocrat Interactive confirms closure of Malta office, ending white label operations

Aristocrat Interactive confirms closure of Malta office, ending white label operations

Published by skeptic

Aristocrat Interactive is pulling the plug on its white-label iGaming business and shutting down its Malta office, a decision that will affect roughly 120 employees. News of the move first surfaced in a LinkedIn post by AML Manager Ambra Battiston, who wrote: “IT’S OFFICIAL! Aristocrat Interactive (formerly Aspire Global) is winding down its White Label business. As a result, the office in Malta will be closed, and all employees will be made redundant at the end of June.” NEW: An Aristocrat spokesperson confirmed to @RWW that a number of roles across its global team have been impacted after it ceased its white label operations in Malta. pic.twitter.com/bXJKU7ZTSQ — Suswati Basu (@suswatibasu) March 20, 2026 She added that “approximately 120 people based in Malta will be made redundant and are therefore available and willing to bring their knowledge and skillset to other companies,” pointing to experience across AML, compliance, safer gambling, payments, CRM, legal, and marketing. Official statement from Aristocrat confirms Malta office closure In comments shared with ReadWrite, an Aristocrat spokesperson confirmed both the closure …

U.S. could end Iran military operations ‘right now’ but staying longer

U.S. could end Iran military operations ‘right now’ but staying longer

Published by Sam Flores

U.S. President Donald Trump speaks during a Women’s History Month event in the East Room of the White House in Washington, D.C., U.S., March 12, 2026. Evan Vucci | Reuters President Donald Trump on Friday said the U.S. could end Iran military operations “right now” and leave Tehran unable to rebuild its military capabilities for a decade. But that’s not “an acceptable situation,” Trump told MS Now’s Stephanie Ruhle in a phone interview. “If we left right now, it would take them at least 10 years to rebuild, but rebuild they will,” Trump said in the roughly 15-minute call. “If we stay longer, they’ll never rebuild,” he said. Trump’s comments came after multiple news outlets reported that the Pentagon is sending up to 2,500 more Marines to the Middle East from San Diego. It’s the second reported deployment of thousands of U.S. troops to the region in the past week. Trump said in the Oval Office on Thursday that he would not put boots on the ground in Iran. Later that same day, Israeli Prime …