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[makapaaa]

NTUC expecting bigger retrenchments from electronics sector


<CITE class=auth>Channel NewsAsia - Saturday, January 31</CITE> SINGAPORE: The National Trades Union Congress (NTUC) is expecting more retrenchments in the electronics sector after the fifteenth day of the Lunar New Year.
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Sharing this concern with Channel NewsAsia was NTUC’s deputy secretary—general Halimah Yacob, who said a few thousand workers may be affected.
However, the United Workers of Electronics and Electrical Industries (UWEEI) said it is working closely with employers on possible alternatives to stave off retrenchments.
Several leading multinational corporations had announced their plans to downsize.
The latest includes Philips Electronics which had announced a cutback of some 6,000 jobs worldwide.
Mdm Halimah said: “One thing that is quite complicated is in the electronics sector. Restructuring is an ongoing process even in the off—downturn period. Sometimes they reassess their position and if they find lower cost areas, they relocate and so part of these retrenchments are also a spin—off of those measures that they take.”
That is why the labour movement is working closely with companies to promote SPUR, a programme to retrain excess manpower, and the Jobs Credit scheme announced in the Budget to save jobs.
General—secretary of UWEEI, Cyrille Tan, said: "Some companies which had planned to retrench are now rethinking because of the costs of employing our own Singaporeans is cheaper now compared to foreign workers"
Union leaders emphasised that it is important to be realistic when working with companies to minimise retrenchments. If companies have to retrench as a last resort, the next most important thing is to work with them to ensure workers get a fair deal.
Retrenched workers from the electronics sector had been urged to consider job conversion programmes by attending the employability camps at the Employment and Employability Institute.
— CNA/yt
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[myfoot123]

Having 1.057 millions FT is too much of a salt added to opening wounds for Singaporean. Chief CUNT is hopeless beyond recognition.

 

[batman1]

The MIW/NTUC are still monitoring the jobless rates in Singapore.They will monitor and monitor and monitor the jobless situation until possibly Next Christmas and then they will debate again and then monitor the situation again.........while at the same time they are collecting their million dollar salaries and bonuses.They don't mind being remembered in History as shameful,irresponsible and insensitive blood-suckers !

 

[myfoot123]

Singapore histroy book must change. Pap is going to look like the most corrupted govt in this planet and how expolitations started from policies to kanagaroo and forcing poodles to bark. Next generations of student must be taught the real thing about transparency, accountability and responsibility. Otherwise we are no different from those japanese who rewrite history to con the younger generations.