Hmm think transfer of department is not possible..
Sigh I really dont understand what he is thinking.. He says if he still needs to travel in the 2nd yr( he was told that there would be aggressive expansion in the region in the 1st yr), then he would change job again...
He has been wanting to get out of the MNC since last yr..( well year before last, he had some arguments with his boss, don't know whether is it cos he can't tolerate his boss??)
Probably see where your hubby is coming from. As his relationship with his current boss is not ideal, he might silently feel that this will hamper his opportunity to be promoted (so he has to stay within current level) or his ability to move to other department is also questionable. Such are very common concerns unfortunately. So these are probably the push factors that led him to think about looking for another job.
For MNC, you didn't mention about their size in Singapore. It might be a MNC but sometimes their Singapore operations is small. So the opportunity to move to another role is difficult too.
With anyone, it's not good to feel that your current level is probably the max you can go. There is like no more hope unless it's your personal choice. Eg. I choose to stay in mid level so that I can have work life balance. I choose to stay in the same role, etc... but I've to resign to the fact that there is no promotion if I do this and people might start to question why are you in that role for so long???? These are the fact of MNC experience. And if you stay in the same level, you might see ambitious junior staff becoming your boss one day. This is also the fact of MNC life since it offers opportunity to those who are willing to go for it and has the potential.
Have never worked in SME before. But would prefer MNC for its benefits, pay, opportunities as well as marketability. Also in MNC since your hubby is in finance, the systems are probably developed, there are experts in each field. Such are usually not avaiable in SME. For people who are used to MNC, they would usually feel a step backward professionally. They will be like why are they doing such things here
Other considerations include, if he move to SME, will his growth be limited by his boss's presence? Eg, there is only 1 director so there is more likely to be a bottleneck as compared to MNC.
But for retrenchment, I suppose MNC are like that.... no one's job is secured. But this doesn't mean SME guarantee lifetime employment. In bad times, SME might be the 1st to go first.