Lim Suay Suay : Second wave of layoffs possible

[CENWEN]

Home > Breaking News > Singapore > Story
April 9, 2009
Second wave of layoffs possible <!--10 min-->
<!-- headline one : start --> <!-- headline one : end --> <!-- Author --> <!-- show image if available --> <table width="100%" border="0" cellpadding="0" cellspacing="0"> <tbody><tr></tr> <tr> </tr> <tr> </tr> <tr><td colspan="2" class="padlrt8 georgia11 darkgrey bold">By Aaron Low </td></tr> </tbody></table> <!-- START OF : div id="storytext"-->
He is paid millions to say that

LABOUR chief Lim Swee Say warned on Thursday that Singapore could see a second wave of retrenchments. The first wave hit just after the Chinese New Year festivities in February, when companies began to axe workers in large numbers. Some 800 to 900 jobs were shed weekly for a month following the holidays, he said.But it slowed significantly after the Government's Jobs Credit scheme and Skills Programme for Upgrading and Resilience (Spur) kicked in, he added.

The numbers fell to about 200 to 300 a week. 'Since then it's stayed at that level,' he added. The $4.5 billion Jobs Credit scheme pays for part of a local worker's salary, while the $650 million Spur sponsors workers' training. But the slowdown in pace is just the calm before the storm, said Mr Lim, a Minister in the Prime Minister's Office. 'We must not assume that retrenchment will now subside and stay low at this current level for the rest of the year. We must be prepared that there could be a second wave of retrenchment coming on board.' He said it was anybody's guess how big the retrenchment numbers would be in the second wave but the Government and the labour movement were prepared. Mr Lim was speaking to reporters after accompanying Prime Minister Lee Hsien Loong on a visit to NTUC's Employment and Employability Institute (e2i), a training and job matching centre in Redhill Road. He also agreed with Mr Lee that Singapore could have suffered an even bigger loss of jobs in the first three months of this year if not for such programmes as Spur and the Jobs Credit scheme. Mr Lee had said that job losses in the first quarter would probably exceed 10,000.

Read the full story in Friday's edition of The Straits Times.

 

[darememore]

Home > Breaking News > Singapore > Story
April 9, 2009
Second wave of layoffs possible <!--10 min-->
<!-- headline one : start --> <!-- headline one : end --> <!-- Author --> <!-- show image if available --> <table width="100%" border="0" cellpadding="0" cellspacing="0"> <tbody><tr></tr> <tr> </tr> <tr> </tr> <tr><td colspan="2" class="padlrt8 georgia11 darkgrey bold">By Aaron Low </td></tr> </tbody></table> <!-- START OF : div id="storytext"-->
He is paid millions to say that

LABOUR chief Lim Swee Say warned on Thursday that Singapore could see a second wave of retrenchments. The first wave hit just after the Chinese New Year festivities in February, when companies began to axe workers in large numbers. Some 800 to 900 jobs were shed weekly for a month following the holidays, he said.But it slowed significantly after the Government's Jobs Credit scheme and Skills Programme for Upgrading and Resilience (Spur) kicked in, he added.

The numbers fell to about 200 to 300 a week. 'Since then it's stayed at that level,' he added. The $4.5 billion Jobs Credit scheme pays for part of a local worker's salary, while the $650 million Spur sponsors workers' training. But the slowdown in pace is just the calm before the storm, said Mr Lim, a Minister in the Prime Minister's Office. 'We must not assume that retrenchment will now subside and stay low at this current level for the rest of the year. We must be prepared that there could be a second wave of retrenchment coming on board.' He said it was anybody's guess how big the retrenchment numbers would be in the second wave but the Government and the labour movement were prepared. Mr Lim was speaking to reporters after accompanying Prime Minister Lee Hsien Loong on a visit to NTUC's Employment and Employability Institute (e2i), a training and job matching centre in Redhill Road. He also agreed with Mr Lee that Singapore could have suffered an even bigger loss of jobs in the first three months of this year if not for such programmes as Spur and the Jobs Credit scheme. Mr Lee had said that job losses in the first quarter would probably exceed 10,000.

Read the full story in Friday's edition of The Straits Times.

Million $$$ pay to make this kind of statement that almost all local already know and predicted long ago.

 

[ahleebabasingaporethief]

Someone should link this to the London Times web page on million dollars salaries.

 

[jw5]

Specialists at stating the obvious and making motherhood statements.

 

[funglung]

Someone should link this to the London Times web page on million dollars salaries.

Suharto & Marcos & Madoff combined together had not stolen as much as that stinking bastard LKY and his cockroaches in white.

400-500++ billions of our money gone into LKY Temasick and GIC and how many more billions gone to his pockets and pockets of his ministers and kangaroos





DO NOT WAIT UNTIL ELECTION TIME
THE TIME TO ACT IS NOW!

TALK TO YOUR FRIENDS AND YOUR RELATIVES.

SUPPORT OPPOSITION PARTIES WITH YOUR TIME AND MONEY AND STAND BY THEM AND WITH THEM.
THEY SPEAK FOR YOU AND TRY TO SPEAK FOR YOU.

LKY AND PAP HAVE BEEN USING THEIR KANGAROO COURTS TO TRY TO BANKRUPT THEM TO SILENCE THEM.

IF YOU DO NOT STAND WITH THEM AND STAND BY THEM, CAN YOU STAND ALONE AGAINST LKY?

SINGAPOREANS MUST UNITE AND SUPPORT ALL THE OPPOSITION PARTIES.


DO NOT JUST WAIT UNTIL ELECTION TO VOTE


VOTE OUT LKY AND HIS BASTARDS IN WHITE WHO ONLY WANT YOUR MONEY AND TO FUCK YOU.


IF NOT FOR YOURSELF, THEN FOR THE FUTURE OF YOUR CHILDREN

THERE WILL NOT BE AN OBAMA AS PRESIDENT OF USA IF THE CIVIL RIGHTS MOVEMENT THERE WAS INTIMIDATED BY BEATINGS AND LYNCHINGS IN THE PAST.


THE TOBBLING OF LKY WILL NOT BE EASY, AND CAN BE BLOODY AS WELL.
THEY WILL NOT GIVE UP THE BILLIONS THAT THEY SUCKED FROM YOU AND CAN CONTINUE TO SCREW FROM YOU NOW AND IN FUTURE.


ONLY YOU HAVE THE POWER TO SAY 'NO MORE OF THAT' AND THROW EVERYONE OF THOSE BASTARDS OUT







Already 400-500++ billions got sucked and bled by LKY into his Temasick and GIC.
HOW MANY OTHER BILLIONS GOT SUCKED AND USED BY THEM IN GLC WHERE THEIR FAMILY MEMBERS AND MINISTERS AND BASTARDS IN WHITE ARE CHAIRMAN AND CEOS?

EVEN IF NO ELECTIONS, SINKIES MUST SPEAK WITH ALL THEIR FRIENDS AND ALL THEY KNOW

STAND UP TO THAT BASTARD LKY AND PAP BLOODSUCKERS

STAND WITH ALL THOSE THAT FIGHT BASTARD LKY

OR STAND UP YOURSELF IN YOUR CONSTITUENCY

DONT BE BULLIED BY THAT FUCKING COWARD LKY USING HIS CORRUPT KANGAROO COURTS AND ALL THAT HE CAN, AND WILL THROW AT YOU


You will fear them only if you allow yourself to fear them.

Just because THEY want you to fear them, must you fear those fucking bastards?

THEY ONLY CAN RULE YOU , AND BLED YOU , THROUGH FEAR AND INTIMIDATION.


SINKIES,

FIND YOUR BALLS AND STAND UP TO THEM.
THEY WILL THEN FEAR YOU.

AND YOU REGAIN YOUR MONEY AND YOUR FUTURE AND YOUR CHILDREN FUTURE.

DO NOT LET OUR MONEY GO TO FUND PAP DOGS FRENCH COOKING LESSONS

DO NOT DIE IN OLD FOLK HOMES IN JB.

FIND YOUR BALLS AND STAND UP TO THEM





LEE KUAN YEW LOST AND LOST DUNNO HOW MANY BILLIONS IN TEMASICK AND GIC

EVEN MORE BILLIONS HE THREW AWAY TO HIS DOGS AND COCKROACHES SO THEY CAN TAKE FRENCH COOKING LESSONS

LKY NEED MORE BILLIONS FROM SINKIES WHO VOTED FOR HIM AND FROM THOSE WHO VOIDED THEIR VOTES

EVEN IF YOU VOTE AGAINST HIM, NO DIFFERENCE.

COLLECTIVE PUNISHMENT AS SINKIES DID NOT TRY HARD ENOUGH TO KICK OUT THAT VAMPIRE BASTARD LKY

SO EXPECT EVERYTHING IN SINGAPORE TO GO UP AND UP

BASTARD LKY NEED YOUR $$$$$

HE SCREW YOU AND DEMAND THAT YOU THANK HIM FOR HIS FUCKING 'SUBISIDIESD BULLSHIT' AND 'AFFORDABLE' CON-TALK.

GO ALL OUT TO KICK ALL THOSE BASTARDS OUT

ALL OF THEM