Yah Lah But

#734: Backlash for Twelve Cupcakes’ Abrupt Closure & SM Lee Urges Immigrants Not To Flaunt Wealth

Oct 31, 2025
The sudden closure of popular bakery Twelve Cupcakes left 80 employees jobless, igniting outrage from the food workers' union. Meanwhile, Singapore's SM Lee made waves by advising immigrants not to flaunt their wealth, stirring discussions on national identity and social equity. The conversation shifts to how corporate-friendly policies impact worker protections and perceptions of wealth among high earners in Singapore. Not to miss, the hosts explore the quirky trend of U.S. malls being transformed into apartments.
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ANECDOTE

Secret Union Vote At Twelve Cupcakes

  • Workers at Twelve Cupcakes unionized secretly via a ministry-administered secret ballot in 2021.
  • Terrence compared the stealth union drive to 'Oceans 11' and noted NTUC's praise at the time.
INSIGHT

Liquidation Exposes Legal Gaps

  • Corporate liquidation can leave workers without recourse because existing structures limit enforcement.
  • Terrence and Haresh note other jurisdictions hold directors liable but Singapore lacks clear penalties for irresponsible directors.
ADVICE

File Proof Of Debt Quickly

  • File a proof of debt promptly to register claims with the liquidator if your employer liquidates.
  • Use union assistance to navigate claims and paperwork to maximise recovery chances.
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