My company retrenced 159 people today

<TABLE id=msgUN border=0 cellSpacing=3 cellPadding=0 width="100%"><TBODY><TR><TD id=msgUNsubj vAlign=top> Coffeeshop Chit Chat - My company retrenced 159 people today </TD><TD id=msgunetc noWrap align=right> </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR class=msghead vAlign=top><TD class=msgF width="1%" noWrap align=right>From: </TD><TD class=msgFname width="68%" noWrap>LauZoeTay <NOBR></NOBR> </TD><TD class=msgDate width="30%" noWrap align=right>12:40 pm </TD></TR><TR class=msghead><TD class=msgT height=20 width="1%" noWrap align=right>To: </TD><TD class=msgTname width="68%" noWrap>ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 4) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft rowSpan=4 width="1%"> </TD><TD class=wintiny noWrap align=right>32867.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>Im really gonna breakdown... Lost so many colleagues & smoking kakis today....

They were given 10mins to pack & leave.....

Details: Japanese company at Tuas

http://talkback.stomp.com.sg/forums/showthread.php?t=102639
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If there were no retrenchments, I'd be extremely worried.

makapaaa said:

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</td><td height="8"></td></tr><tr><td class="msgtxt">Im really gonna breakdown... Lost so many colleagues & smoking kakis today....

They were given 10mins to pack & leave.....

Details: Japanese company at Tuas

http://talkback.stomp.com.sg/forums/showthread.php?t=102639
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fucking jap MNC! I was laid off in 2003 by them,KNN, from then I sibei dulan Jap pple. bunch of perverts who like to be served!

Some of your retrenched friends may be laughing their way to the bank if they get 1 month pay for every year they work. Imagine they worked for 10 years ... and landed with another job the next day ....

you think so easy for those from mid 30's to 40+ years of age, some more manufacturing(likely in Tuas area), one word to describe jiak lak.

peterlth said:

Some of your retrenched friends may be laughing their way to the bank if they get 1 month pay for every year they work. Imagine they worked for 10 years ... and landed with another job the next day ....

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krafty said:

you think so easy for those from mid 30's to 40+ years of age, some more manufacturing(likely in Tuas area), one word to describe jiak lak.

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While the job market has improved a fair bit. Looking for job's in the mid 30s might still be alright, but for the 40+ it might pose some challenge.

Starting one's own business might be a good consideration.

Most likely productivity in this company will increase now that smokers who take long smoking breaks were given the boot. Can cut employees medical costs too.

Very smart company.

Not to worry.

There are 100,000 jobs waiting for them.
Just don't be spoilt for choices.

hmm I'm in a Japanese company and working in R&D. This year everyone got token 4% increase. Wonder if its the same company though. Starts with P? H? S? or T?

go drive taxi lah, easily $2,500 a month

but if hardworking like that merc driver in zaobao, $5,000 average

stop whining, economy is booming, two IRs open

see how passengers are complaining about no taxis

government is still very idiotic, should open 20% of taxi market to PRs so that service will be better lah

Ash007 said:

hmm I'm in a Japanese company and working in R&D. This year everyone got token 4% increase. Wonder if its the same company though. Starts with P? H? S? or T?

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Why work for others so that they can get rich when you can get rich working for yourself?

I am quite curious, what kind of industry this Japanese MNC is doing in Tuas?

Any body have any ideas?

Next point;

Japanese MNC claims that company not making money, and is moving back to Japan.

Thus, closing R&D and other departments of total 156 from a 500 ~ 600 pax company.

These kind of companies which can employ 500 ~ 600 is regarded as a big company in Singapore.

From my thinking, I thought that R&D operations is a sunk in cost? Which cost of R&D is already factored inside?

Perhaps, the R&D engineers in SGP could not come up with the technology/breakthrough that is required for products INNOVATION?

Or did the Japanese MNC forecast a bad economic climate, and they have went defensive in their business strategy?

Care to share anyone?

Let's look this in a purely business point of view.

why dun you go and drive taxi,come back and tell us if you make $5K a month or not? Btw, dun talk cock - open up 20% to foreigners driving taxis,you see if so simple,our cheng hu will have already done so. Taxi driving is like a reserved safety net, more for pple having problems trying to look for a decent job. Your statement reflect how fucking self centred you are. :oIo:

besotted said:

go drive taxi lah, easily $2,500 a month

but if hardworking like that merc driver in zaobao, $5,000 average

stop whining, economy is booming, two IRs open

see how passengers are complaining about no taxis

government is still very idiotic, should open 20% of taxi market to PRs so that service will be better lah

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Not everybody is a entrepreneur! Friends I know who are running a business come from rich family background. Those who dun are working for others. As for those who are rich and not entrepreneurial, they are spending their family's accumulated wealth.

Leongsam said:

Why work for others so that they can get rich when you can get rich working for yourself?

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reported in zaobao, got name and photo lah the $5k driver

when i free i go search the post

taxi driver is okay lah, can make good money

only disadvantage is that sometimes got crap passengers

retrenched never mind, use it as opportunity for change

the economy is booming

property prices are at record highs

don't cry over some useless Japanese shit company that is losing money

Why so secretive? Must be like that:

P-Panasonic

H-Hitachi

S-Sanyo

T-Toshiba

Ash007 said:

hmm I'm in a Japanese company and working in R&D. This year everyone got token 4% increase. Wonder if its the same company though. Starts with P? H? S? or T?

Click to expand...

One thing I learnt from my difficult years from jobless,being harrassed,divorced,in debt and so on...Don't despair! No doubt I still felt bitter about what the fucking bastard at STE did to me.

I learnt that to survive and feed oneself, you dun have to die die work in office or play politics to survive. I start driving a cab when I came back working in Taipei. In the midst, I was offered to work in other companies but I became too burnt out by stress and personal problems,in the end, i did not take up any other offers and continue my cab driving.

Although I may like to whine about taxi driving, frankly, there were times that I enjoyed myself while driving. Many things to see and hear.

makapaaa said:

<TABLE id=msgUN border=0 cellSpacing=3 cellPadding=0 width="100%"><TBODY><TR><TD id=msgUNsubj vAlign=top>

Coffeeshop Chit Chat - My company retrenced 159 people today </TD><TD id=msgunetc noWrap align=right> </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR class=msghead vAlign=top><TD class=msgF width="1%" noWrap align=right>From: </TD><TD class=msgFname width="68%" noWrap>LauZoeTay <NOBR></NOBR> </TD><TD class=msgDate width="30%" noWrap align=right>12:40 pm </TD></TR><TR class=msghead><TD class=msgT height=20 width="1%" noWrap align=right>To: </TD><TD class=msgTname width="68%" noWrap>ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 4) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft rowSpan=4 width="1%"> </TD><TD class=wintiny noWrap align=right>32867.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>Im really gonna breakdown... Lost so many colleagues & smoking kakis today....

They were given 10mins to pack & leave.....

Details: Japanese company at Tuas

http://talkback.stomp.com.sg/forums/showthread.php?t=102639
</TD></TR><TR><TD> </TD></TR></TBODY></TABLE><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR><TD class=msgleft width="1%"> </TD><TD class=msgopt width="24%" noWrap> Options</TD><TD class=msgrde width="50%" noWrap align=middle> Reply</TD><TD class=wintiny width="25%" noWrap align=right> </TD></TR><TR><TD class=msgbfrbot> </TD><TD colSpan=3> </TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>

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krafty said:

One thing I learnt from my difficult years from jobless,being harrassed,divorced,in debt and so on...Don't despair! No doubt I still felt bitter about what the fucking bastard at STE did to me.

I learnt that to survive and feed oneself, you dun have to die die work in office or play politics to survive. I start driving a cab when I came back working in Taipei. In the midst, I was offered to work in other companies but I became too burnt out by stress and personal problems,in the end, i did not take up any other offers and continue my cab driving.

Although I may like to whine about taxi driving, frankly, there were times that I enjoyed myself while driving. Many things to see and hear.

Click to expand...

Seriously bro, I heard that if you drive in the early hours of the morning and pick up ktv girls, you can sometimes get free sex in lieu of the taxi fare.
Is this true?
Have you had the pleasure of such experiences?

It may be true,i not sure but one thing they very "gian" singapore males,especially those who came here to study and at the same time, want to look for boyfriend.

For me,no such thing except last month, there was this ang pai, very pretty, disturb me by making "make love" sound.

The last time I was driving this student back to her hostel, she emphasize on showing me her fair skin legs,dun misunderstand,she was wearing bermudas, she just shove her legs towards me and from her looks and body language,i think she wanted me to ask me for her phone number...ha...lol That time I was slimmer and just drove for less than a year.

jw5 said:

Seriously bro, I heard that if you drive in the early hours of the morning and pick up ktv girls, you can sometimes get free sex in lieu of the taxi fare.
Is this true?
Have you had the pleasure of such experiences?

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