
Money and Me : Key Lessons from the GovTech Layoffs
From Live Well with Michelle by MONEY FM 89.3
July 21, 2026 · 22 min
About this episode
The episode discusses the implications of GovTech layoffs and financial preparedness in the face of job insecurity.
For years, many people believed public sector jobs were among the safest. But GovTech's decision to restructure its workforce is a reminder that in today's economy, no role is completely immune to change. If retrenchment can happen in organisations that are performing well,how long could your savings last? What would you do if your income stopped tomorrow? And is financial preparedness only part of the equation? In this episode of Money and Me , Elijah Lee, Senior Financial Services Manager at Phillip Securities, shares lessons from his own retrenchment experience and from helping clients navigate career disruptions in this conversation with Michelle Martin. See omnystudio.com/listener for privacy information.
People in this episode
Host: Michelle Martin
Guest: Elijah Lee
Topics covered
- GovTech layoffs
- financial preparedness
- career disruptions
- public sector jobs
- restructuring
- savings management
Keywords
- GovTech
- layoffs
- financial preparedness
- restructuring
- career disruptions
- savings
- public sector
Mentioned in this episode
Organizations: GovTech, Phillip Securities
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