Borneo Motors lays off workers amid restructuring exercise

SINGAPORE — Car dealer Borneo Motors, which distributes Toyota and Lexus cars in Singapore, laid off a number of workers on July 30 as part of a restructuring exercise. A Borneo Motors spokesman declined to confirm the number of staff affected because discussions were ongoing.The motor dealer is a unit of global automotive distributor Inchcape. “Inchcape has reviewed its organisation...