Hi all
Not sure if I had come across this before, but just like to check with you guys, have you been thru retrenchment before in SG? If yes, could you share your experiences, if no, what are your views on it?
Personally I had heard and experience myself the fear of being retrench and the unintended consequences following it. I had seen families broken due to quarrels over financial issues, depression due to ego of being retrenched, unwillingness to accept the fact they are retrenched etc...
I understand that a lot of times its not solely the individual's fault that he/she got retrenched but mostly due to the realities of the economic cycle...
Furthermore it seems that a lot of sg ppl tend to forget the realities of retrenchment coz to them it seems such a distance past and most of them have the mentality it wont happen to me since i am an ace performer, i am in the management team etc ( correct me if I am wrong)
So I think now is actually a good opportunity to discuss these issues coz sharing is caring
