Retrenchment In Singapore - Page 10 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




Retrenchment In Singapore

Reply
 
Thread Tools
  #91 (permalink)  
Old 04-06-2013, 05:01 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Youngster get married buy BTO at 30 no matter how fast at current price also need 20 yrs to pay off. By then already 50+ years old then try to apply EC w/o loan? This is not practical at all.

Forex got risk, but it is the easiest to make decent money without needing too much capital.
Forex trading high risk. I've been there, done that. Lost $$$$. Regret.

Reply With Quote
  #92 (permalink)  
Old 22-11-2017, 08:58 PM
Junior Member
 
Join Date: Oct 2017
Posts: 6
Anakinsky is on a distinguished road
Angry Retrenchment in 2018

Be cautious , few of my friends had been retreched this year .. some of them work more than 15 years in the company ..

Singapore economy doing very bad ... especially banking , shipping , port sector ....

Reply With Quote
  #93 (permalink)  
Old 23-11-2017, 05:03 PM
Unregistered
Guest
 
Posts: n/a
Angry

Yes . It getting worst , my current company have the whole department operation move out of Singapore , the whole team of 25 staff got retrenched ...


I work for a foreign bank ...

Reply With Quote
  #94 (permalink)  
Old 23-11-2017, 07:04 PM
Unregistered
Guest
 
Posts: n/a
Default

Retrenchments are never a good sign.

Were the affected employees redeployed internally, or they have joined the ranks of the unemployed now?

Companies rarely take the drastic retrenchment approach as it stirs too much noise.

Any other stories about companies conducting restructuring?
Reply With Quote
  #95 (permalink)  
Old 23-11-2017, 11:23 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Yes . It getting worst , my current company have the whole department operation move out of Singapore , the whole team of 25 staff got retrenched ...


I work for a foreign bank ...
What type of operations?

Is it a big or small bank?
Reply With Quote
  #96 (permalink)  
Old 25-11-2017, 01:43 PM
Junior Member
 
Join Date: Oct 2017
Posts: 6
Anakinsky is on a distinguished road
Default

Sad that local news stop covering retrenchment news ....
Reply With Quote

  #97 (permalink)  
Old 25-11-2017, 04:51 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Anakinsky View Post
Be cautious , few of my friends had been retreched this year .. some of them work more than 15 years in the company ..

Singapore economy doing very bad ... especially banking , shipping , port sector ....
but our prime minister day GDP growing leh.


property market also picking up.

so who is saying the truth?
Reply With Quote
  #98 (permalink)  
Old 28-11-2017, 11:59 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Anakinsky View Post
Sad that local news stop covering retrenchment news ....
They report higher growth for civil service to announce better bonus. Then will revert to report lower growth, etc after bonus declared. It happens all the years for many years. Can't think of a better strategy to justify better bonus declaration for civil servants.


Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


Bursa Stocks Android App - check share prices
Bursa Stocks [Android] App - check latest share prices on the go


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote
  #99 (permalink)  
Old 28-11-2017, 12:18 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Anakinsky View Post
Sad that local news stop covering retrenchment news ....
I think the unemployment situation is quite bad. At least for the mid lifers. I have been jobless for more than a year already. Every time i attended those career events organised for the unemployed, the turn up is huge. I am surprised so many singaporeans are unemployed. Especially the PMETS. Occasionally, i saw a few in their thirties. Mostly forties and above.
Reply With Quote
  #100 (permalink)  
Old 28-11-2017, 12:24 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
I think the unemployment situation is quite bad. At least for the mid lifers. I have been jobless for more than a year already. Every time i attended those career events organised for the unemployed, the turn up is huge. I am surprised so many singaporeans are unemployed. Especially the PMETS. Occasionally, i saw a few in their thirties. Mostly forties and above.
but garment claiming that property market is very good and most of the buyers are locals.

wondering where is the missing link?
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


» 30 Recent Threads
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,945 Replies, 4,779,729 Views
Career as Teacher ( 1 2 3... Last Page)
11,297 Replies, 6,932,609 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
807 Replies, 431,753 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,563 Replies, 1,423,338 Views
How is life as a doctor in... ( 1 2 3... Last Page)
7,419 Replies, 3,509,477 Views
Compare civil service salary ( 1 2 3... Last Page)
16,465 Replies, 12,688,075 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
16,399 Replies, 5,188,483 Views
GovTech ( 1 2 3... Last Page)
6,366 Replies, 2,427,208 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,762 Replies, 2,437,861 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
767 Replies, 440,195 Views
Officer Role in Bank of Tokyo -... ( 1 2 3... Last Page)
329 Replies, 290,901 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
1,855 Replies, 1,476,869 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,189 Replies, 3,854,871 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
2,139 Replies, 1,110,179 Views
ST Electronics ( 1 2 3... Last Page)
3,835 Replies, 1,601,431 Views
Lawyer Salary ( 1 2 3... Last Page)
21,224 Replies, 10,570,328 Views
Working Culture in IRAS ( 1 2 3... Last Page)
80 Replies, 172,470 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
856 Replies, 408,398 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
338 Replies, 387,025 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,859 Replies, 1,253,477 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,931 Replies, 2,944,972 Views
Project management
5 Replies, 3,708 Views
Ex-MOE Teachers ( 1 2 3... Last Page)
428 Replies, 510,303 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,292 Replies, 658,666 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,490 Replies, 814,388 Views
CSA (Cyber Security Agency) ( 1 2 3... Last Page)
921 Replies, 539,178 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,365 Replies, 1,182,375 Views
Primary School English Grammar and...
2 Replies, 6,593 Views
Working at Attorney General...
3 Replies, 367 Views
Banks' Pay and Bonuses ( 1 2 3... Last Page)
560 Replies, 513,415 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 08:10 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2