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Crystal Jade closes four Singapore outlets, cuts 120 jobs

Original: crystal jade singapore

Crystal Jade, the well-known Chinese restaurant chain, is closing four more outlets in Singapore and laying off 120 staff ahead of a proposed sale of the business. The Straits Times reported the closures, which add to uncertainty for the popular dining brand. Diners and industry watchers are reacting to the news, wondering what the proposed sale means for the chain's future in Singapore.

Why now: A beloved local restaurant chain is shutting outlets and cutting jobs amid a proposed sale, affecting diners and workers.

Crystal JadeSingaporeStraits Times

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Evidence

• Crystal Jade closes another four outlets; termination notices issued to about 120 workers · CNA
• FDAWU, e2i offer more than 400 job opportunities to affected Crystal Jade workers, Singapore News · AsiaOne
• Crystal Jade closes four more outlets, cuts 120 jobs ahead of proposed sale · The Straits Times

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