Talking Point : Retrenchment

[Nefalrin]

Everyone in the world knows that if worked in a company for many many years and a termination for poor performance is equal to a straight lie out of the box.

 

[Tony.Manero]

have mah. Gotch chiobu somemore.

Hired models lah

 

[hardwriter]

Sinkies jobs lost to MYS / foreigners. With RTS coming, prepare for more job losses. Anyone can lose his job no matter how good one is.
Need to reduce quotas and increase higher levies. Foreigners are becoming more expensive to hire than sinkies.

Sinkies should all be replaced by FT.

 

[homer123]

I hope to experience layoff before I retire..Life is too boring

 

[congster2]

Sinkies jobs lost to MYS / foreigners. With RTS coming, prepare for more job losses. Anyone can lose his job no matter how good one is.
Need to reduce quotas and increase higher levies. Foreigners are becoming more expensive to hire than sinkies.

No need to wait for rts. Since covid, sinkies all love to wfh and complain when they have to go back office.

Guess what, it proves that companies just need virtual workers, and since that is the case, just hire a cheaper one from another country.

 

[Shion]

I guess in the future, coys will only maintain a presence in SG only merely for international tax planning purpose, though not sure if that will change after BEPS 2.0

I suppose Singaporeans are truly doomed then. Companies leaving, job opportunities dwindling, foreigners still keep swarming into SG taking and fighting for whatever jobs remaining.

Meanwhile our world class mgmt everyday scream and shout "reskill retrain upskill upgrade e2i wsg skillsfuture"...

 

[buttbERry]

this is scary sia

 

[Shion]

I guess in the future, coys will only maintain a presence in SG only merely for international tax planning purpose, though not sure if that will change after BEPS 2.0

I suppose Singaporeans are truly doomed then. Companies leaving, job opportunities dwindling, foreigners still keep swarming into SG taking and fighting for whatever jobs remaining.

Meanwhile our world class mgmt everyday scream and shout "reskill retrain upskill upgrade e2i wsg skillsfuture"...

 

[nikon853]

Focus on locals first...and second n third.

 

[wickedpuppy]

I guess in the future, coys will only maintain a presence in SG only merely for international tax planning purpose, though not sure if that will change after BEPS 2.0

I suppose Singaporeans are truly doomed then. Companies leaving, job opportunities dwindling, foreigners still keep swarming into SG taking and fighting for whatever jobs remaining.

Meanwhile our world class mgmt everyday scream and shout "reskill retrain upskill upgrade e2i wsg skillsfuture"...

You sound like nothing can be done to avoid that future ...

 

[Shion]

You sound like nothing can be done to avoid that future ...

thats the reality and what is happening.

 

[wickedpuppy]

thats the reality and what is happening.

Then what are erections for ?

 

[Godeau]

Then what are erections for ?

Erections? Make chiu feel good in that moment, suffer thereafter

There is no stopping the cogwheel that is foreign wage suppression... All policies already dictated by men in white

 

[Masaharu]

Focus on locals first...and second n third.

My sme boss only hire singapore citizens, but the sinkies working here always kpkb even though he always hire singapore citizens only

 

[jumpthepig]

My sme boss only hire singapore citizens, but the sinkies working here always kpkb even though he always hire singapore citizens only

Try treat those old Sinkies fairly and nicely…maybe less kpkb

 

[buttbERry]

this is not easy sia

 

[Lchlch]

How to protect ourselves?
It's beyond our control isn't it?
The only way is save n save for such day to happen.

 

[wwenze]

 

[jumpthepig]

government getting too big and lazy for the worst, at the expense of tax payers' monies.

Anybody who becomes addicted to easy money…. 吃 上瘾 后, 戒不了

 

[Masaharu]

How to protect ourselves?
It's beyond our control isn't it?
The only way is save n save for such day to happen.

It's very simple. What do many bosses want?

You just need to be cheaper than the cheapest ft (based in sg or overseas)

If you are cheaper than the cheapest ft overseas highly unlikely you will be retrenched