I mourn for my company

[Aquarian]

My company has not been doing well for the past few years, retrenchments were common in order to trim the 'fat' in the company. But earlier this year, I heard that direction from the holding company is not to tender for any local project. The writing was clearly on the wall with the change in company direction and we are now forced to down sizing.

Yesterday, the news broke that some of the key personnel like Head of Division and even the whole of the tender team was made retrenched. This is obviously no longer a 'fat' trimming exercise but more like chopping off the limbs. The whole company today is plunged into sense of loss and everyone is just waiting for their names to be called.

I feel very sad for the company which I am proud to say help build from a small company to the biggest one in this region, seems like time to say goodbye is imminent, no matter how hard it is to say goodbye.

By the way, I am now actively looking for new job, anyone can help will be greatly appreciated. I will do anything. :)

[Theo9902]

But I tot the enonomies are picking up in Singapore, with the proposed two casinos on the way....

[Aquarian]

but that is not our core business anymore :(

But I tot the enonomies are picking up in Singapore, with the proposed two casinos on the way....

[nim75sg]

What is happening here?

One said economy better than ever but never see it as good as last year. :D

Same same for my company too as we are told that we will cut cost effectively end of this march and won't renew the rental lease. Instead rent a virtual office space.

Restructured 3 people already (office manager, financial controller and sales mgr and finanical services outsources to our auditors.

So from April 1, work from home liao.

[Mystique]

at times do take it as a new oppourtunity awaits after leaving the current job. Who knows and there are many such cases of 'out-of job' or 'retrenched' staffs turned successful bizman...or got a better pay else where....

just go for it ...and wish you good luck...:)

[Aquarian]

bro, i suggest u play golf everyday and when ur boss ask u can tell him u are doing virtual work :P

on second thought better not, then ur boss will pay u in virtual money haha :D

What is happening here?

One said economy better than ever but never see it as good as last year. :D

Same same for my company too as we are told that we will cut cost effectively end of this march and won't renew the rental lease. Instead rent a virtual office space.

Restructured 3 people already (office manager, financial controller and sales mgr and finanical services outsources to our auditors.

So from April 1, work from home liao.

[Aquarian]

yes u are right, if u always see things on the positive side, then whatever action you take will steer u towards it

at times do take it as a new oppourtunity awaits after leaving the current job. Who knows and there are many such cases of 'out-of job' or 'retrenched' staffs turned successful bizman...or got a better pay else where....

just go for it ...and wish you good luck...:)

[Theo9902]

Always save enuf for the raining day...... if not, jialat man :((

[Aquarian]

yes, i know, i am a firm believer of that bro :)

Always save enuf for the raining day...... if not, jialat man :((

[Theo9902]

ya, lots of ppl believe in this but never practice. But I think you are. Just like me :D

yes, i know, i am a firm believer of that bro :)

[Aquarian]

for a start i do not own a car and not stay in condo :)

and always looking for all sorts of lobang ;)

ya, lots of ppl believe in this but never practice. But I think you are. Just like me :D

[Theo9902]

oh yes, you are always looking for "lobang" :D

for a start i do not own a car and not stay in condo :)

and always looking for all sorts of lobang ;)

[Aquarian]

yes, money does not grow on trees u knw :)

oh yes, you are always looking for "lobang" :D

[Theo9902]

agree and our fathers don't print money too........ :(

yes, money does not grow on trees u knw :)

[Aquarian]

even if they do, they not necessarily give it to u mah :(

agree and our fathers don't print money too........ :(

[Theo9902]

why not, if my old man ever print $$, I am sure I would take over the business by now......

too bad, he only knew how to cook.... :(

even if they do, they not necessarily give it to u mah :(

[Aquarian]

do not complain lah, just be thankful for what we have :)

why not, if my old man ever print $$, I am sure I would take over the business by now......

too bad, he only knew how to cook.... :(

[Theo9902]

true, $$ is not everything. Health, Family, Relationship and Hobbies....... long list right?

do not complain lah, just be thankful for what we have :)

[Aquarian]

you miss out something there, unless you class that under hobby :p

true, $$ is not everything. Health, Family, Relationship and Hobbies....... long list right?

[Theo9902]

Hobby = an activity which someone does for pleasure when they are not working.

So I guess you are right, that should be classified under hobby. ;)

you miss out something there, unless you class that under hobby :p

[Aquarian]

yes, you have said so i can see u through, time to enjoy our mutual hobby again this week :)

Hobby = an activity which someone does for pleasure when they are not working.

So I guess you are right, that should be classified under hobby. ;)

[Theo9902]

yes, very much looking forward to it. :D

yes, you have said so i can see u through, time to enjoy our mutual hobby again this week :)

[nim75sg]

Always save enuf for the raining day...... if not, jialat man :((

Agreed with you 101% ....

Bro Aquarian .. can't play golf everyday otherwise turn pro and very difficult to earn a living. ;)

[Aquarian]

Now really at a crossroad, at least we are given one year time before the project completed, some are not so lucky

Agreed with you 101% ....

Bro Aquarian .. can't play golf everyday otherwise turn pro and very difficult to earn a living. ;)

[Theo9902]

one year is long enuf for anything to happen lah. Look at it positively. Crisis in chinese means "Wei Ji", dangerous but also oppurtunity. May be is your turning point for other business ventures liao.

Now really at a crossroad, at least we are given one year time before the project completed, some are not so lucky

[Aquarian]

the good thing is my OC business has taken off, hopefully will be much stable and profitable by the end of the year so I will not be so stressed out trying to find a job or start a business, i already told her i can be her office boy if she wants :rolleyes:

one year is long enuf for anything to happen lah. Look at it positively. Crisis in chinese means "Wei Ji", dangerous but also oppurtunity. May be is your turning point for other business ventures liao.

[Theo9902]

shall I submit my resume to her too.... as my present job also shaky shaky now. Tell her I know how to use calculator :D


the good thing is my OC business has taken off, hopefully will be much stable and profitable by the end of the year so I will not be so stressed out trying to find a job or start a business, i already told her i can be her office boy if she wants :rolleyes:

[Aquarian]

sure, just send me your resume, but cannot afford your salary lah :p

shall I submit my resume to her too.... as my present job also shaky shaky now. Tell her I know how to use calculator :D

[Theo9902]

no need salary lah, just give me some entertainment allowances can liao. :D

sure, just send me your resume, but cannot afford your salary lah :p

[Aquarian]

ok, but that is like writing a blank cheque leh :P

no need salary lah, just give me some entertainment allowances can liao. :D

[Theo9902]

u can always set a limit per month what? :D

ok, but that is like writing a blank cheque leh :P

[Aquarian]

so what range would that be ? :p

u can always set a limit per month what? :D

[nim75sg]

Can I apply? ;)

Condition is to play golf on odd days only. :D

[Aquarian]

bro u lagi i cannot afford!! haha :p

Can I apply? ;)

Condition is to play golf on odd days only. :D

[Theo9902]

you should know my expectation right? cheap cheap nia lah :D

so what range would that be ? :p

[Aquarian]

not so cheap if the frequency increases considerably :)

you should know my expectation right? cheap cheap nia lah :D

[Theo9902]

well you can set both the monthly amount and frequency lor :D

not so cheap if the frequency increases considerably :)

[nuwater2002]

Sorry bro Aquarian to hear of your Co. regarding the unforseen circumstances. Like the saying "Take one step at a time" Wishes you all the very best

Cheers

[Aquarian]

thanks bro, will be joining the unemployed rank pretty soon

Sorry bro to hear of the unforseen circumstances. Like the saying "Take one step at a time" Wishes you all the very best

Cheers

[Theo9902]

or joining "Be your own boss" club !

thanks bro, will be joining the unemployed rank pretty soon

[Aquarian]

i want to join 'eat soft rice' group liow

or joining "Be your own boss" club !

[Theo9902]

due to your age, that one a bit difficult leh :D

i want to join 'eat soft rice' group liow

[Aquarian]

eat my OC soft rice lah, what were u thinking :mad:

already slowly throwing hint to her liow :)

due to your age, that one a bit difficult leh :D

[Theo9902]

oic, at least your OC still can provide soft rice to you. If that happended to me, I think I will be given water only. :(

eat my OC soft rice lah, what were u thinking :mad:

already slowly throwing hint to her liow :)

[Aquarian]

start your planning lor ;)

oic, at least your OC still can provide soft rice to you. If that happended to me, I think I will be given water only. :(

[Theo9902]

what kind of planning should I do leh? :D

start your planning lor ;)

[Aquarian]

acitvely looking for job opening or business opportunity lor

what kind of planning should I do leh? :D

[Theo9902]

sigh........ i hate changes leh :(

acitvely looking for job opening or business opportunity lor

[Aquarian]

change is unavoidale, nothing remains forever, learn to accept it, but u always change VT leh :p

sigh........ i hate changes leh :(

[Theo9902]

that's two separate issues lah :D

change is unavoidale, nothing remains forever, learn to accept it, but u always change VT leh :p

[Aquarian]

so that change is a must to you ? ;)

that's two separate issues lah :D

[nim75sg]

I think any change is inevitable in our life .. :D

Just take it one step at a time lor but plan your step forward. ;)

[nuwater2002]

thanks bro, will be joining the unemployed rank pretty soon

:) Bro look on the postive side, be a consultan. With your years of experience I belive that would not be too difficult

[Theo9902]

not all the time, exception is always possible :D

so that change is a must to you ? ;)

[Aquarian]

in spore we need the paper qualification like PE but i do not have it

:) Bro look on the postive side, be a consultan. With your years of experience I belive that would not be too difficult

[Theo9902]

even my son attends PE class.... :D

in spore we need the paper qualification like PE but i do not have it

[Aquarian]

not that lah, professional engineer

even my son attends PE class.... :D

[nuwater2002]

not that lah, professional engineer


:) Is it difficult to obtain PE or what the course duration?

[Aquarian]

you need to have design experience in government job or consultancy which most of us working as contractor do not have

:) I sit difficult to obtain PE or what the course duration?

[Theo9902]

i tot you are handling all these goverment's mega project? like this PayaKallang Highway.

you need to have design experience in government job or consultancy which most of us working as contractor do not have

[nim75sg]

Sit back and re-examine yourself what talents are you blessed with and then expand that scope because of that passion.

Sorry .. very chiem. ;)

[Aquarian]

My oc is worry i will take too long to think :p

Sit back and re-examine yourself what talents are you blessed with and then expand that scope because of that passion.

Sorry .. very chiem. ;)

[nim75sg]

Like me, start thinking now lor .. ;)

[Aquarian]

thinking of where to play golf next is it??? :p

Like me, start thinking now lor .. ;)

[Theo9902]

my talents? other ppl also have and they can do better, so........ :(

Sit back and re-examine yourself what talents are you blessed with and then expand that scope because of that passion.

Sorry .. very chiem. ;)

[nim75sg]

thinking of where to play golf next is it??? :p

You know me so well ... :)

[nim75sg]

my talents? other ppl also have and they can do better, so........ :(

Other ppl got talents but no time .. you got talent and time.:cool:

[Theo9902]

true also brother. :D

Other ppl got talents but no time .. you got talent and time.:cool:

[Aquarian]

always think on a positive side, no talent also must think we are talented, no time also must make time :)

[Theo9902]

but must be realistic lah........ :D

always think on a positive side, no talent also must think we are talented, no time also must make time :)

[Aquarian]

sometimes we do not give ourselves enough credit for what we have done

but must be realistic lah........ :D

[nim75sg]

sometimes we do not give ourselves enough credit for what we have done

That's very true .. :D

[Theo9902]

the recognition of the credit must come from others.

sometimes we do not give ourselves enough credit for what we have done

[Aquarian]

but you must recognise and applause your own achievement too, if not live does not worth living

the recognition of the credit must come from others.

[Theo9902]

oh yes, there are many "achivements" that I think I must give myself lots of credits :D

but you must recognise and applause your own achievement too, if not live does not worth living

[nim75sg]

oh yes, there are many "achivements" that I think I must give myself lots of credits :D

for example ?:)

[Theo9902]

paiseh to make it public here, next time lim kopi I share with you :D

for example ?:)

[Theo9902]

Bro Aquarian will be more relief to hear the following news:

SINGAPORE : The overall retrenchment rate in Singapore fell to a 12-year low last year because of favourable economic conditions, according to the Manpower Ministry's "Retrenchment and Re-employment Report 2005."

One reason the labour movement cited for the lower figure was that restructuring by companies over the last few years has bottomed out.

Said NTUC Assistant Secretary-General Halimah Yacob, "Companies have been restructuring over the last few years, particularly before the period of 2004, 2003 and before that as well. So they probably have bottomed out. It's really a situation now where they are probably consolidating and then with the economy picking up, they need workers. That is why we see a lot less retrenchment last year, but I hope this can be sustained over this year and also next year as well."

The hardest hit were production and related workers.

This group of blue-collared workers saw a higher rate of retrenchment, with 13 out of 1,000 being asked to leave last year, compared to 11 out of 1,000 in 2004.

The reason was that the manufacturing sector is seeing more layoffs, mainly in the electronics industry.

The number retrenched because of companies relocating also surged from about 1,500 in 2004 to about 4,000 last year.

But on a positive note, two out of every three retrenched last year managed to get a job within six months.

Another piece of good news is the better re-employment prospects for professionals, managers, executives and technicians.

The incidence of retrenchment for this group of workers fell to an eight-year low of 8 per 1,000 employees.

This goes to show that companies are now in the habit of retaining their experienced staff.

NTUC says the positive figures are also proof of the government's work over the years.

Said Ms Halimah, "It really shows that the government has delivered its promises that it will create jobs, it'll reduce unemployment, reduce retrenchment. In many countries, we see GDP growing but jobs are not created, unemployment is still high. So Singapore can be an exception."

Despite the positive outlook, workers are still encouraged to upgrade their skills continuously. - CNA /ct



My company has not been doing well for the past few years, retrenchments were common in order to trim the 'fat' in the company. But earlier this year, I heard that direction from the holding company is not to tender for any local project. The writing was clearly on the wall with the change in company direction and we are now forced to down sizing.

Yesterday, the news broke that some of the key personnel like Head of Division and even the whole of the tender team was made retrenched. This is obviously no longer a 'fat' trimming exercise but more like chopping off the limbs. The whole company today is plunged into sense of loss and everyone is just waiting for their names to be called.

I feel very sad for the company which I am proud to say help build from a small company to the biggest one in this region, seems like time to say goodbye is imminent, no matter how hard it is to say goodbye.

By the way, I am now actively looking for new job, anyone can help will be greatly appreciated. I will do anything. :)

[Theo9902]

Another Good news for bro Aquarian:

SINGAPORE : The Singapore government plans to spend about S$7.5 billion on goods and services across industries during the current fiscal year which ends in March 2007.

Construction contracts make up the bulk of the estimated spending at S$4.7 billion while other goods and services purchases will account for S$2.2 billion.

Spending on infocomm technologies is expected to hit at least S$620 million.

The tenders will cover a whole range of application and services that are expected to improve productivity in government units and to give the public easier access to government services.

The Ministry of Defence, Ministry of Education, Ministry of Home Affairs and the National Library Board are among the biggest buyers of infocomm technologies this fiscal year.

A human resource project by the Ministry of Defence alone will make up S$200 million or about one-third of expected infocomm contracts.

IDA (Infocomm Development Authority) says the estimated contractual amount is conservative but consistent with previous spending levels.

"Year to year, government spending on IT has been quite consistent. Last year, we estimated $700 million but awarded about a billion dollars. This year we are estimating about $620 million, but the actual number of tenders and the value of tenders awarded may be different. Along the course of the year, new projects may be implemented and new tenders may be called," said Chan Yeng Kit, IDA's CEO.

IDA says the S$620 million worth of IT contracts do not include a special project worth S$1.5 billion.

Called Standard ICT Operating Environment (SOE), the special project aims to standardise messaging, network and desktop systems for the public sector.

Four groups of bidders have been shortlisted for the SOE project on Tuesday.

They include a consortia led by EDS International, Hewlett-Packard Singapore, NEC Solutions Asia Pacific and a joint NCS and IBM Singapore team.

IDA expects to put out the SOE tender by the end of the year.

It expects the SOE work to begin soon after the tender is awarded by mid next year.

- CNA /ls

[SniperY]

the recognition of the credit must come from others.So long i dun kena those arrow from the back is consider very lucky lor...... :(

[Theo9902]

u mean you are facing "small people" in your office? :(

I met some too

So long i dun kena those arrow from the back is consider very lucky lor...... :(

[Aquarian]

It has been confirmed, my company has been sold to this indian company liow, do not know what the future will hold for us

http://www.punjlloyd.com/main.asp?p=engineering.htm

maybe i should start to brush up my Hindi liow

ek, do, thin, cha, punch, che, saat, argh, nor, das (1-10 in Hindi) ;)

[Theo9902]

Bro, I shall remember you in my daily prayer :)

It has been confirmed, my company has been sold to this indian company liow, do not know what the future will hold for us

http://www.punjlloyd.com/main.asp?p=engineering.htm

maybe i should start to brush up my Hindi liow

ek, do, thin, cha, punch, che, saat, argh, nor, das (1-10 in Hindi) ;)

[Aquarian]

that is really worrying :(





cos I don't think you pray everyday !!! ;)


Bro, I shall remember you in my daily prayer :)

[Theo9902]

hahaha, don't worry lah............ :D

that is really worrying :(





cos I don't think you pray everyday !!! ;)

[Aquarian]

of cos worry la, they can and i am sure they will replace us with char chai sooner or later :) (HK ppl called them that cos they keep on saying Achar!!)

hahaha, don't worry lah............ :D

[Aquatic Planet]

that is really worrying :(





cos I don't think you pray everyday !!! ;)
why dunt u start planning some small size biz. And work towards it for the long term?

[Aquarian]

i plan to live off my OC business ;)

why dunt u start planning some small size biz. And work towards it for the long term?

[Aquatic Planet]

i plan to live off my OC business ;)
wah , so good. Many bros here got OC to support. Me no hv..:(..:D

[Theo9902]

very difficult one lah I tell you :(

i plan to live off my OC business ;)

[Aquatic Planet]

very difficult one lah I tell you :(
u got a point, should still do our own plans

[Aquarian]

ya hor, u also accountant, they are so calculative ;)

very difficult one lah I tell you :(

[Theo9902]

basically all women are accountants in life :D

ya hor, u also accountant, they are so calculative ;)

[Aquarian]

your money is her money, but her money is not really ur money !!! :p

basically all women are accountants in life :D

[Theo9902]

to be exact: my money is our money and her money is her money lah :D

your money is her money, but her money is not really ur money !!! :p

[Aquarian]

yes, yes u are correct

to be exact: my money is our money and her money is her money lah :D