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‘Your degree means nothing anymore’: Malaysian says high-skilled workers are not as ‘safe’ from layoffs as they think

Summary by The Independent
MALAYSIA: Blockchain academy director David Yang warned those who think their jobs are “safe” from layoffs should not be too sure they’re in the clear, as he shared on his Instagram, @davidyet, that over half of those retrenched in January this year are not who you would expect to be laid off first — not low-skilled or foreign workers, but high-skilled local talents. Those with degrees and diplomas — managers, engineers, people who thought they …
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The Independent broke the news in Singapore on Tuesday, March 31, 2026.
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