Population woes

[limlim]

3Boys:

limlim:

Anyway, I was retrenched twice..


no big deal. Almost everyone in the company can't wait for it to close down and shift out.. so that they can seek better pasture after the payout. Good riddance.... they say..

I guess you take the view that businesses and/or their owners are the enemy of workers.

Has it ever occurred to you that the environment in the company was bad precisely because the business was not doing well? Not everyone is so blase about losing their jobs, and not every closure is greeted with derision like yours.

Unless we (as in people with g'ment) are willing to work together to keep bringing businesses in, as a small country, we can only say good riddance so many times before everyone leaves town.

It is an MNC.

It posted RECORD Profits, even during the economic crisis.

But none of the benefits goes to the workers.

It is well known for squeezing workers to the last drop. Have you ever heard of $1 annual increment? Yes, the company did that to some of the operators. (forget the lowest was 50cts or $1..) Technician increment ~$20. Company remains profitable.. largely profitable.

Not sure what is your background and where you came from, but have you ever encounter such companies and experience what some workers went thru? Maybe your company is not like that. But it doesn't mean such companies do not exist.

Anyway.. take it as one isolate example.. I'm not saying other companies are like that.. I just say I was retrenched before.

Those who have solid skills and experience would have little difficulties finding jobs.. (of coz more difficult now will all the FTs around). Those who are finding difficulties.. not sure if they were grossly overpaid in their previous employment.. well.. at least maybe they have had fat pay cheques before..

[mamago]

:offtopic: Ooooh, great.... now we have pirate and pirated (?!) :evil:

[limlim]

3Boys:

Closer to Singapore!

This is a Singapore company off shoring to other countries.

Govt never teach those sons of Singapore to do National Service and create employment for locals.... :spank:

[pirated]

some workers due to attitude problem regardless how good they are, deserve zero increment…in fact, must find the right opportunity to let them go without having to pay retrenchment benefits


because of their bad attitude, they will also influence the good workers. hence for the larger good of the company, better to let them go as cheaply as possible

[pirated]

employment opportunities are created for deserving and qualified locals

[Sun_2010]

mamago:

:offtopic: Ooooh, great.... now we have pirate and pirated (?!) :evil:

yeah! Pirate your nick has been pirated

[3Boys]

limlim:

It is an MNC.

It posted RECORD Profits, even during the economic crisis.

But none of the benefits goes to the workers.

It is well known for squeezing workers to the last drop. Have you ever heard of $1 annual increment? Yes, the company did that to some of the operators. (forget the lowest was 50cts or $1..) Technician increment ~$20. Company remains profitable.. largely profitable.

limlim, its sometimes hard to understand these things. Even if profits were good but outlook going forward is bad, pay increment may not be prudent, adding headcount may not be prudent. Rather than $1, which is insulting, I'd not rather not give any increment.

Perhaps the Singapore unit was losing money? It costs a lot of money to conduct retrenchment, curious why they would do that to a profitable unit.

[Sun_2010]

limlim:

3Boys:

[quote=\"limlim\"]Anyway, I was retrenched twice..


no big deal. Almost everyone in the company can't wait for it to close down and shift out.. so that they can seek better pasture after the payout. Good riddance.... they say..

I guess you take the view that businesses and/or their owners are the enemy of workers.

Has it ever occurred to you that the environment in the company was bad precisely because the business was not doing well? Not everyone is so blase about losing their jobs, and not every closure is greeted with derision like yours.

Unless we (as in people with g'ment) are willing to work together to keep bringing businesses in, as a small country, we can only say good riddance so many times before everyone leaves town.

It is an MNC.

It posted RECORD Profits, even during the economic crisis.

But none of the benefits goes to the workers.

It is well known for squeezing workers to the last drop. Have you ever heard of $1 annual increment? Yes, the company did that to some of the operators. (forget the lowest was 50cts or $1..) Technician increment ~$20. Company remains profitable.. largely profitable.

Not sure what is your background and where you came from, but have you ever encounter such companies and experience what some workers went thru? Maybe your company is not like that. But it doesn't mean such companies do not exist.

Anyway.. take it as one isolate example.. I'm not saying other companies are like that.. I just say I was retrenched before.

Those who have solid skills and experience would have little difficulties finding jobs.. (of coz more difficult now will all the FTs around). Those who are finding difficulties.. not sure if they were grossly overpaid in their previous employment.. well.. at least maybe they have had fat pay cheques before..[/quote] :? yet the company closed down in Singapore ?
Maybe they could make more record profits elsewhere?

[limlim]

3Boys:

limlim, its sometimes hard to understand these things. Even if profits were good but outlook going forward is bad, pay increment may not be prudent, adding headcount may not be prudent. Rather than $1, which is insulting, I'd not rather not give any increment.

Perhaps the Singapore unit was losing money? It costs a lot of money to conduct retrenchment, curious why they would do that to a profitable unit.

business decision lah..

The customer chosen 2 sites (they don't want too diverse sources).. China and Thailand. various site at Philippines, Indonesia, SG etc cease operation.

No matter how cheap they can find workers in SG, they will have to shift.

Unless they don't sell to this customer..

[3Boys]

limlim:

3Boys:

Closer to Singapore!

This is a Singapore company off shoring to other countries.

Govt never teach those sons of Singapore to do National Service and create employment for locals.... :spank:

How does this even make any sense?

When President Obama asked Steve Jobs about iPhone production, Steve Jobs said, \"Those jobs aren't coming back\"

http://www.nytimes.com/2012/01/22/business/apple-america-and-a-squeezed-middle-class.html?pagewanted=all&_r=0


The president’s question touched upon a central conviction at Apple. It isn’t just that workers are cheaper abroad. Rather, Apple’s executives believe the vast scale of overseas factories as well as the flexibility, diligence and industrial skills of foreign workers have so outpaced their American counterparts that “Made in the U.S.A.” is no longer a viable option for most Apple products.

Do you think Apple would be anywhere nearly as successful if they had to do everything in the USA? What good does it do for the USA to have a half baked and 'survival mode' Apple? If other global companies can source globally for talent and capacity, why kill our own local companies by constraining where they can place jobs?

You really really don't get it.....