December 04, 2008

Retrenchment And Job Permanence

Singapore Fountain Pen said:

Thursday Doomsday

Fresh from the news of the coordinated bombings and attacks on Mumbai, it was no ordinary Thursday for a large bank's IT group, who, apart from having to bear the terrible news, considered it a day of reckoning, one that would determine their fate at work. It was to the day that some of them had to be let go.

Recommended by Anonymous Coward: "it's about retrenchment during this time of recession and job permanence"

Link

Submitted by Anonymous Coward on November 30//5:11pm and published by joy :: add new comment | 806 reads | trackback (1)
Comments 3

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Trackback from NTUC secretary-general Lim Swee Say on wage increase projection by Mercer: "Highly unrealistic.":

Oh, and I like how NTUC president John De Payva injected humour to what for many of us is a humourless situation: 'The unions sent bouquets of roses to Mercer and thanked them for their optimism.'...

This is a good read. But there will be several other waves of retrenchment in the near future.

Posted by Anonymous Coward* on 5 December, 2008 - 12:52pm

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