IHH Healthcare to shed nearly 400 positions across three markets

IHH Healthcare has announced plans to reduce its headcount by close to 400 employees across its operations in Singapore, Hong Kong and Malaysia. The move represents a significant workforce adjustment for the Singapore-listed healthcare group, which operates a network of hospitals and medical facilities throughout Asia-Pacific.

The restructuring will affect support and administrative functions across the three markets, according to the company's announcement. IHH has committed to providing comprehensive assistance to affected employees, including enhanced severance packages designed to ease their transition out of the organisation.

The layoffs come as regional healthcare operators navigate shifting market conditions and operational pressures across Asia. IHH, which is one of the region's largest private healthcare operators, has been managing its portfolio across multiple jurisdictions as healthcare demand and regulatory environments evolve.

The company has not disclosed specific timelines for the workforce reduction or details on how positions will be distributed among the three affected markets. IHH stated that it will work closely with relevant authorities and employee representatives to manage the transition process appropriately.