Singapore's DBS Group, Southeast Asia's biggest bank by assets, said it was cutting 900 staff to trim costs amid the global credit crisis, and reported a slump in third quarter net profit
"To be more productive and efficient, we will restructure and streamline the organisation. Regrettably, this has resulted in the need to reduce our workforce by six percent or about 900 people, primarily (in) Singapore and Hong Kong, by the end of the month." said Chief executive Richard Stanley.
This is just some of the typical examples how company survive in times of crisis. It doesn't matter how hard you work or how long have you been in the company. As long as there is a crisis, the first to go in order to cut expenses, is you. The question is, why does everyone still talk about job security when there is none? What happen to "study hard, get a good job and you are set for life..." ? set for life ? Hello... do you mean set for being manipulate ?
"To be more productive and efficient, we will restructure and streamline the organisation. Regrettably, this has resulted in the need to reduce our workforce by six percent or about 900 people, primarily (in) Singapore and Hong Kong, by the end of the month." said Chief executive Richard Stanley.
This is just some of the typical examples how company survive in times of crisis. It doesn't matter how hard you work or how long have you been in the company. As long as there is a crisis, the first to go in order to cut expenses, is you. The question is, why does everyone still talk about job security when there is none? What happen to "study hard, get a good job and you are set for life..." ? set for life ? Hello... do you mean set for being manipulate ?
When I need you, I keep you. When I do not need you, off you go. Want to stay at the job ? Then take a pay cut. Oh yes, I still need to be here because I am the boss and I can employ many many others once the economy improves. Oh yes.. I forgot to "thank you" for your contribution to the growth of this company.. and how "sad" it is to see you go...
It is so common to hear that since the economy is bad, it is better that you keep your job or be grateful that you still have your job.. then again.. when the time comes, you are being taken away. How ironic...
So what happens next ? Who is going to pay your bills ? Who is going to pay your mortgages ? Who is going to pay for your children's education ? And who is going to bail you out when you are upside down ? The answer is No One. I hate to say this but if you still cannot see the reality in life and choose to be ignorant, then good luck. Even if you still manage to keep your job today, 8 years, 10 years down the road when another crisis comes along.. can you gaurantee your place in the company ?
The only person who really cares about your financial future is yourself. Your own financial destiny is determined by your own actions and decisions today. You cannot reply on someone else to draw or set this path for you because you will be "controlled". However, if you choose to control your own financial destiny, only then will you open up the possibilities of wealth and bring prosperity into your life.
Live Your Dreams
Kenji Tay
Network Marketing Singapore
It is so common to hear that since the economy is bad, it is better that you keep your job or be grateful that you still have your job.. then again.. when the time comes, you are being taken away. How ironic...
So what happens next ? Who is going to pay your bills ? Who is going to pay your mortgages ? Who is going to pay for your children's education ? And who is going to bail you out when you are upside down ? The answer is No One. I hate to say this but if you still cannot see the reality in life and choose to be ignorant, then good luck. Even if you still manage to keep your job today, 8 years, 10 years down the road when another crisis comes along.. can you gaurantee your place in the company ?
The only person who really cares about your financial future is yourself. Your own financial destiny is determined by your own actions and decisions today. You cannot reply on someone else to draw or set this path for you because you will be "controlled". However, if you choose to control your own financial destiny, only then will you open up the possibilities of wealth and bring prosperity into your life.
Live Your Dreams
Kenji Tay
Network Marketing Singapore
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