Retrenchment support group

[highsulphur]

In light of more retrenchment in the news recently, hope those affected can stay positive

 

[highsulphur]

 

[m0n0n0ke]

All my frds in social media only show tour and new car new condo

Very different from here

 

[Joe Maya]

Is it true retrenchment only affect the higher pay group ( 8k-10k and above ? )

Looking at most fresh grad starting 8k-10k, confirm by the 4-5th year they kena targetted for retrenchment when the market go awry.

 

[Think09]

https://www.channelnewsasia.com/bus...ystation-employees-shut-london-studio-4153511

 

[tokong]

https://content.mycareersfuture.gov...jzyXGlURo07FHT6bMOsHDn84txzE4W-hoC8IMQAvD_BwE

Can look at this webpage in MCF, got a few good jobs on the bulletin on the right of the page.

1. Senior Software Engineer ($8333 - $12315 Monthly)
2. Software Engineer ($11000 - $18500 Monthly)

For those who have not much tech skills:

3. Senior Marketing Executive ( Luxury Retail / MNC ) ($4800 - $5000 Monthly)
4. Senior HR Manager, APAC ($12500 - $16667 Monthly)
5. General Sales Manager ($8000 - $12000 Monthly)
6. Chef ($2200 - $4000 Monthly)

etc. (Pls check the page URL above)

 

[highsulphur]

Interesting I spoke to some people who told me companies hired external consultants to decide who to axe after studying the companies. Ie the decisions were not made internally but by external consultants

 

[Mr.Kopi]

Seeking support here

 

[shawntyq]

Interesting I spoke to some people who told me companies hired external consultants to decide who to axe after studying the companies. Ie the decisions were not made internally but by external consultants

So called more neutral and not bias decision ba. But again so weird letting external party to decide like you don’t understand the company yourself.

 

[AuraKUPO]

This support group focus on the wrong group. Those who got retrenched are from overseas, not in Singapore and not Singaporeans. In Singapore, every weekend dtf and other restaurants are packed, new cars are being sold every day, expensive condo are being sweep by sinkies.

 

[qhong61]

Seeking support here

What happened

 

[luei74]

For those high earners especially EDMWers. With 20K per month, the LEEtrenchment package is very solid

 

[Eddedd]

Is it true retrenchment only affect the higher pay group ( 8k-10k and above ? )

Looking at most fresh grad starting 8k-10k, confirm by the 4-5th year they kena targetted for retrenchment when the market go awry.

No such thing, any income bracket will kena as long management deem that removing you will lead to substantial cost reduction or able to employ a few more

 

[randomph]

Interesting I spoke to some people who told me companies hired external consultants to decide who to axe after studying the companies. Ie the decisions were not made internally but by external consultants

So that it’s not ownself kill ownself, borrow knife to kill

 

[usarmy]

The nature of retrenchment is change a little for this time round. Chiu can tell this time round is core business moving else where.


Sent from EDMWER!

 

[highsulphur]

So called more neutral and not bias decision ba. But again so weird letting external party to decide like you don’t understand the company yourself.

Precisely. I was shocked to hear that if it's true for my case

 

[highsulphur]

The nature of retrenchment is change a little for this time round. Chiu can tell this time round is core business moving else where.


Sent from EDMWER!

That is worrying for the future but we should see it coming with the crazy rent and inflation last few years. We had it coming

 

[lastsamurai]

This support group focus on the wrong group. Those who got retrenched are from overseas, not in Singapore and not Singaporeans. In Singapore, every weekend dtf and other restaurants are packed, new cars are being sold every day, expensive condo are being sweep by sinkies.

in early 2000s, coincided with sars, when we went to shopping malls during the weekends, it was quiet quiet. back then, almost daily got news of people jump off buildings in tabloids. if that happens now, then you know it's really bad. when restaurants are still packed, means still ok

 

[mp4005 help]

in to support retrenchment.

retrenchment supported

 

[Why so serious]

Many can early retirement. Envy sia