Since I wrote about recession a month ago, the conditions are really getting much worst since then. Now we are in the first quarter of 2009 and the condition has become less than wonderful. Two of my neighboring factory are in deep shit. So going to work on Fridays at much ease now, no more hectic traffic along the way.
One of the contract manufacturer are still in negotiation for manufacturing contract, if they don't receive any contract soon, they are on the verge of shutting down their operation...gila ahhh. Just imagine, at peak of their income, they gave out 5-6 month bonus to their employees. Now, struggling to survive. Contract manufacturers are suffering the most this time round. They depend a lot from the main manufacturer/firm. Alas, even the main manufacturer now collapsed. Intel, Dell, Sony, Qimonda, Seagate...all in the list. Expect more workers to be released in near future. Thousands. And hearing the 2nd stimulus package...I can only....ha ha. Wtf...is this for real?
A little update, we just moved to our own home. My back are aching like hell due to excessive painting and furniture arrangement.Tu pon ada yang tolong. Kalau tak, I am dead....And for the past few weeks, I've been drowned by work at office, seminars, exhibition, presentation etc etc. Plus, to prepare our new home.
With the new fiscal year coming up next month, my boss already lined up the new KPI. I've been assigned to a new task. Well, I am not really surprised because from time to time he have telling me about efficient operation and all and ask me to study this and that. I am always comfortable with innovation and development, so this transition will be a daunting task, moving away from my comfort zone (for this, I always bear in mind that even Gerrard need to play at left side of midfield...bole tak gua compare dengan Gerrard...ha ha).
So after seeing the KPI draft, what I need to do next is, digging deep from Google for courses/seminars/infos. Tanpa Google, sapa lah aku :). "We are moving from productive operation to efficient operation," that's what I heard. The bright side of it, I explore new things. Takdela bosan sangat, and during this trying time...it's good to have assignments. ;)
Ok then, I want to continue bashing the Manure fans. Until next time. Macam Hazrey cakap, tunggu blog berabuk baru nak update. ha ha.
p/s: nombor-nombor cantik, 4-0, 4-1, 5-0
Mar 25, 2009
Feb 15, 2009
Recession
A friend just visited me hours ago. We were once in the same company. He is still with that company. 2 years ago, when I left that company, it already started to show bad signs. The moment American investor bought that company, I just thought nothing good will come out from that. Remember the yankees?
Anyway, because of the recession, that company almost crumble to the ground. They released 5 managers. 2 Directors. Countless engineers, technicians. All follow the same route. Some I know, some newly joined, loyal employee, etc.
My friend still hang on to his position until god knows for how long. Hearing what he told me, my feelings were mixed. Relief, sad, grateful, shock...all at the same time. For a moment, I just don't know how to respond except for words of encouragement of course. He told me there will be a second wave in the near future. More people will be released.
The company opted for retrenchment to cut down the operation cost. The bright side of it, they will pay the compensation. A month salary for a year service plus the notice period compensations as the company will have you leave the company on the spot. (yes...immediately & there will be guards escorting you to the door). Compared to VSS, you don't really have any choice. 1 year of service = 1 month salary. 10 years of service = 10 months salary. The downside of it, it's hard to get a job nowadays. More companies are struggling to stay afloat. Companies out there are cautious. Even companies that are doing fine stop hiring people. But more potential employees are expected to flood the market.
Retrenchment can be devastating for so many reasons. You loss your income, especially if u are the bread winner. Then there will be the fear about financial future. Often what is more frightening is the loss of 'self' which accompanies retrenchment. Those people just need more support from families & friends, I guess.
Me? I just feel more and more grateful. My life. My job. My wife, she's my rock.
Anyway, because of the recession, that company almost crumble to the ground. They released 5 managers. 2 Directors. Countless engineers, technicians. All follow the same route. Some I know, some newly joined, loyal employee, etc.
My friend still hang on to his position until god knows for how long. Hearing what he told me, my feelings were mixed. Relief, sad, grateful, shock...all at the same time. For a moment, I just don't know how to respond except for words of encouragement of course. He told me there will be a second wave in the near future. More people will be released.
The company opted for retrenchment to cut down the operation cost. The bright side of it, they will pay the compensation. A month salary for a year service plus the notice period compensations as the company will have you leave the company on the spot. (yes...immediately & there will be guards escorting you to the door). Compared to VSS, you don't really have any choice. 1 year of service = 1 month salary. 10 years of service = 10 months salary. The downside of it, it's hard to get a job nowadays. More companies are struggling to stay afloat. Companies out there are cautious. Even companies that are doing fine stop hiring people. But more potential employees are expected to flood the market.
Retrenchment can be devastating for so many reasons. You loss your income, especially if u are the bread winner. Then there will be the fear about financial future. Often what is more frightening is the loss of 'self' which accompanies retrenchment. Those people just need more support from families & friends, I guess.
Me? I just feel more and more grateful. My life. My job. My wife, she's my rock.
Feb 7, 2009
Football vs Politic
- Keane moved back to Spurs after 6 months struggle at Anfield.
- Keane is a Liverpool boyhood fan.
- Reported £16 million transfer fees back to Spurs.
- NOBODY from Liverpool follow him to Spurs.
- What Keano told us:
"It proved not to be the right move for me."
"I know some Spurs fans will feel I let them down by leaving but I can assure them I shall be giving my all for this club – this club has terrific fans and I want to repay them for all their support."
Keane: Tempat jatuh lagi dikenang. Inikan pula White Hart Lane.
Note to Berba, now that u turn berbal at Man U, why don't u follow me lorrr...
- talk about short spell, the only person who can rival Keane is.....tarraaaaa....Dato Nasa.
- A few days in the PKR camp.
- Anwa former campus mate or (boy)friend.
- Undisclosed transfer fee, but rumors saying... in the region of RM10mil
- 3 Pakatan Rakyat's ADUN follow him to BN.
- What Dato Nasa told us:
"It proved not to be the right move for me."
"I felt like betraying the Bota voters. I don't want to let them down by leaving UMNO. I want to repay for all their (voters) support."
Sadly no picture available for Dato Nasa, bcos I am quite
concern about our politician lack of sense of humor. kihkihkihkih.
- Keane is a Liverpool boyhood fan.
- Reported £16 million transfer fees back to Spurs.
- NOBODY from Liverpool follow him to Spurs.
- What Keano told us:
"It proved not to be the right move for me."
"I know some Spurs fans will feel I let them down by leaving but I can assure them I shall be giving my all for this club – this club has terrific fans and I want to repay them for all their support."

Note to Berba, now that u turn berbal at Man U, why don't u follow me lorrr...
- A few days in the PKR camp.
- Anwa former campus mate or (boy)friend.
- Undisclosed transfer fee, but rumors saying... in the region of RM10mil
- 3 Pakatan Rakyat's ADUN follow him to BN.
- What Dato Nasa told us:
"It proved not to be the right move for me."
"I felt like betraying the Bota voters. I don't want to let them down by leaving UMNO. I want to repay for all their (voters) support."
Sadly no picture available for Dato Nasa, bcos I am quite
concern about our politician lack of sense of humor. kihkihkihkih.
p/s: dear Mr. Babat, I know you are expecting the 'babi' story. Terlalu bangang & offensive utk dibaca di sini. Jadi aku replace dengan entry ni :). Entry ni pun bole tahan bahlul jugak.
Jan 31, 2009
Tak Join Takpe...Dengar Je Dulu
Jumaat dah lepas. Hari ni dah Sabtu. Cuti seminggu aku nampak mcm dah penghujung. hu hu hu. Lepas ni kesesakkan kepala akan bermula semula. Smlm drpd Yahoo sampai ke TV tayang story pasal scam. Paling kelakar entry ni.
Sbnr nya pompuan TEKUN tu dah berjasa kepada mangsa2 tuh semua. Bayangkan (sambil pejam mata) sorang pemohon pinjaman TEKUN nak buat loan RM75k utk join MLM. Pompuan TEKUN tuh mintak RM100 utk percepatkan proses loan. Tapi last2 lepas stahun loan tak dapat. Jadi diorang pun terasa kene tipu. Abih tu kalau loan tuh dapat, then diorang join MLM yg tak tentu tau ujung pangkal tu. Lagi banyak rugi kan. ha ha ha ha. Lepas mulut buaya masuk mulut rimau. Tuh belum kira mulut beruang lagi.
Citer pasal MLM @ skim cepat kaya @ investment internet nih, teringat 'kenangan2' kat tempat keje lama. Dulu aku ada member yg ajak aku join Swiss Cash & EA Index. Pastu bile aku taknak join, dia sindir2 sayang plak. Ceh. Lepas dia kene scam...senyap. Lepas tuh wujud plak perniagaan antar spam ke email. Konon-konon email iklan (advertisment). Skim tu lebih kurang camni, kompeni tuh sediakan pakej ikut jumlah email (dlm bentuk CD). Kau bayar la, let say, RM400 untuk 100 email address. Pastu antar la iklan ke email2 tuh, peringkat demi peringkat. Aku tengok semua iklan mengarut je. Pastu bayaran setiap minggu kot. Berdasarkan mamat yg kene scam tuh, sebulan dah balik modal. ha ha ha. Ni yang best. Bila org dah percaya, dan based on recommendation kawan2 (scam ni pun ada unsur piramid), ahli-ahli bertambah. Yang dah letak duit, tambah lagi duit. Scammer pun senyum sampai telinga.
Akhirnya last update aku baca, pejabat scam tuh kat Menara Public Bank depan City Square hampir runtuh kene serbu dgn mangsa-mangsa. Ada yg dapat untung (yg awal-awal masuk)...ada yg rugi beribu-ribu. Pastu aku baca kat paper, kompeni ni ada branch kat Skudai. Kesian btul. Paling kelakar, member aku siap inform aku, "weh, aku jumpa lecturer aku kat situ gak..." Ada ke? :)
Aku keje kat kilang, organisasi besar...orang pun ramai. Mangsa dan pemangsa bertambah populasi & probability. ha ha. Kat kilang ni, mcm2 skim ada. Ni skrip bila pemangsa yg cuba mendekati aku tapi ditepis, cuba permainkan intelektual & emosi kita plak. C'mon la. Desperate sangat, nanti kene maki korang emo plak. Sila layan skrip kat bwh:
(1) Ni la melayu...kita nak tolong dia. Dia perlekehkan kita plak.
Ayat standard @ default.
(2) Mana bole rugi, kau tengok bos aku punya kereta.
Kereta tuh dah abis bayar? kalau blum tuh bank yg punyer.
(3) Cuba pikir betul2, sampai bila kau nak kerja kilang.
Sampai kene VSS.
(4) Umat Islam kene strong financial, baru kita kuat. Hadith ada sebut...
Ni paling celake, guna agama nak lepaskan diri sendiri. Kalau aku jumpa dia ni lagi, aku flush kepala dia kat jamban.
(5) Aku nak tolong kau. Gaji kau beribu pon tapi tade freedom.
Freedom?...Seha & Shuib ke?...
(6) Skim ni senang. Kita sama2 naikkan group kita dulu. Kau cuma bayar RM2500 masa daftar.
Kau bayarkan la dulu. Kata sama-sama.
(7) Aku buat keje sikit jek. Seminggu aku bole dapat Rm1000.
Ko bela toyol perrr....?
(8) Dah susah nanti, datang mintak tolong kat aku plak.
Ehhh?....mcm silap jek nahu.
(9) Tak join takpe...dengar je dulu.
Dan banyak lagi. Bosan.
Sbnr nya pompuan TEKUN tu dah berjasa kepada mangsa2 tuh semua. Bayangkan (sambil pejam mata) sorang pemohon pinjaman TEKUN nak buat loan RM75k utk join MLM. Pompuan TEKUN tuh mintak RM100 utk percepatkan proses loan. Tapi last2 lepas stahun loan tak dapat. Jadi diorang pun terasa kene tipu. Abih tu kalau loan tuh dapat, then diorang join MLM yg tak tentu tau ujung pangkal tu. Lagi banyak rugi kan. ha ha ha ha. Lepas mulut buaya masuk mulut rimau. Tuh belum kira mulut beruang lagi.
Citer pasal MLM @ skim cepat kaya @ investment internet nih, teringat 'kenangan2' kat tempat keje lama. Dulu aku ada member yg ajak aku join Swiss Cash & EA Index. Pastu bile aku taknak join, dia sindir2 sayang plak. Ceh. Lepas dia kene scam...senyap. Lepas tuh wujud plak perniagaan antar spam ke email. Konon-konon email iklan (advertisment). Skim tu lebih kurang camni, kompeni tuh sediakan pakej ikut jumlah email (dlm bentuk CD). Kau bayar la, let say, RM400 untuk 100 email address. Pastu antar la iklan ke email2 tuh, peringkat demi peringkat. Aku tengok semua iklan mengarut je. Pastu bayaran setiap minggu kot. Berdasarkan mamat yg kene scam tuh, sebulan dah balik modal. ha ha ha. Ni yang best. Bila org dah percaya, dan based on recommendation kawan2 (scam ni pun ada unsur piramid), ahli-ahli bertambah. Yang dah letak duit, tambah lagi duit. Scammer pun senyum sampai telinga.
Akhirnya last update aku baca, pejabat scam tuh kat Menara Public Bank depan City Square hampir runtuh kene serbu dgn mangsa-mangsa. Ada yg dapat untung (yg awal-awal masuk)...ada yg rugi beribu-ribu. Pastu aku baca kat paper, kompeni ni ada branch kat Skudai. Kesian btul. Paling kelakar, member aku siap inform aku, "weh, aku jumpa lecturer aku kat situ gak..." Ada ke? :)
Aku keje kat kilang, organisasi besar...orang pun ramai. Mangsa dan pemangsa bertambah populasi & probability. ha ha. Kat kilang ni, mcm2 skim ada. Ni skrip bila pemangsa yg cuba mendekati aku tapi ditepis, cuba permainkan intelektual & emosi kita plak. C'mon la. Desperate sangat, nanti kene maki korang emo plak. Sila layan skrip kat bwh:
(1) Ni la melayu...kita nak tolong dia. Dia perlekehkan kita plak.
Ayat standard @ default.
(2) Mana bole rugi, kau tengok bos aku punya kereta.
Kereta tuh dah abis bayar? kalau blum tuh bank yg punyer.
(3) Cuba pikir betul2, sampai bila kau nak kerja kilang.
Sampai kene VSS.
(4) Umat Islam kene strong financial, baru kita kuat. Hadith ada sebut...
Ni paling celake, guna agama nak lepaskan diri sendiri. Kalau aku jumpa dia ni lagi, aku flush kepala dia kat jamban.
(5) Aku nak tolong kau. Gaji kau beribu pon tapi tade freedom.
Freedom?...Seha & Shuib ke?...
(6) Skim ni senang. Kita sama2 naikkan group kita dulu. Kau cuma bayar RM2500 masa daftar.
Kau bayarkan la dulu. Kata sama-sama.
(7) Aku buat keje sikit jek. Seminggu aku bole dapat Rm1000.
Ko bela toyol perrr....?
(8) Dah susah nanti, datang mintak tolong kat aku plak.
Ehhh?....mcm silap jek nahu.
(9) Tak join takpe...dengar je dulu.
Dan banyak lagi. Bosan.
Jan 29, 2009
Email to Ms Lina
I quote from Bernama today....
KUALA LUMPUR, Jan 28 (Bernama) -- More than 10,000 Malaysians have lost their jobs since Jan 1, Malaysian Employers Federation (MEF) executive director, Shamsuddin Bardan, disclosed today.
He told Bernama that more were expected to be jobless in the days ahead as companies particularly in the manufacturing sector struggle to keep their businesses afloat.
In an urgent appeal to the government, he said it was of utmost importance for the second stimulus economic package to be released fast so that companies could know clearly where they stood.
The government released a RM7 billion economic stimulus package last month and Deputy Prime Minister Datuk Seri Najib Tun Razak had promised a second package soon.
Shamsuddin said the economic downturn this time was much worse than the one in 1997 because it was more widespread and involved the major parts of the world. - Bernama
****
This time around it will be much more difficult. I pity those who lost their jobs. Those fresh grad looking for jobs. March & April will be a busy month as usual for graduation day. More than 30k fresh grad will flood the job market. As usual during recession, the manufacturing sector likely to be hit by the tide. Til this date, almost 70% of my friends working in Singapore (mostly manufacturing) accept the VSS or being retrenched. An American manufacturing plant in Senai cut 10% off their exec salary.
With lot of people being laid off & in turn looking for replacement jobs, Lina Jobstreet will be busy delivering those notification emails. ha ha. As usual, when the private sector cannot deliver people will turn to the government (or GLC) to look for jobs. They are looking for security & the thoughts that the government will look after them.
I quote from Shamsuddin Bardan, he suggested the following to the government:
+ Repatriate all illegal workers to their country of origin.
+ Replace legal foreign workers in stages with Malaysians.
+ Freeze foreign recruitment.
+ Give job priority to Malaysians
Looking at the suggestions, it can only heal on the surface only. You don't expect to replace the Indonesian workers with those diploma@degree holders, right? I am still waiting (not hope) for the government to announce the second economic stimulus plan as Najib promised. And also the gov plan to face the curent economic reality. The gov need to be firm & bold in instituting their measures. Which I think, not. Anyway, let's hope for the best.
During this trying times, I remember reading one of the Kiyosaki's book. Quote:"Create a saftey net, at least 6 month of your family expenses". It can help you to last 6 months without job & you will have time to think what to do.
KUALA LUMPUR, Jan 28 (Bernama) -- More than 10,000 Malaysians have lost their jobs since Jan 1, Malaysian Employers Federation (MEF) executive director, Shamsuddin Bardan, disclosed today.
He told Bernama that more were expected to be jobless in the days ahead as companies particularly in the manufacturing sector struggle to keep their businesses afloat.
In an urgent appeal to the government, he said it was of utmost importance for the second stimulus economic package to be released fast so that companies could know clearly where they stood.
The government released a RM7 billion economic stimulus package last month and Deputy Prime Minister Datuk Seri Najib Tun Razak had promised a second package soon.
Shamsuddin said the economic downturn this time was much worse than the one in 1997 because it was more widespread and involved the major parts of the world. - Bernama
****
This time around it will be much more difficult. I pity those who lost their jobs. Those fresh grad looking for jobs. March & April will be a busy month as usual for graduation day. More than 30k fresh grad will flood the job market. As usual during recession, the manufacturing sector likely to be hit by the tide. Til this date, almost 70% of my friends working in Singapore (mostly manufacturing) accept the VSS or being retrenched. An American manufacturing plant in Senai cut 10% off their exec salary.
With lot of people being laid off & in turn looking for replacement jobs, Lina Jobstreet will be busy delivering those notification emails. ha ha. As usual, when the private sector cannot deliver people will turn to the government (or GLC) to look for jobs. They are looking for security & the thoughts that the government will look after them.
I quote from Shamsuddin Bardan, he suggested the following to the government:
+ Repatriate all illegal workers to their country of origin.
+ Replace legal foreign workers in stages with Malaysians.
+ Freeze foreign recruitment.
+ Give job priority to Malaysians
Looking at the suggestions, it can only heal on the surface only. You don't expect to replace the Indonesian workers with those diploma@degree holders, right? I am still waiting (not hope) for the government to announce the second economic stimulus plan as Najib promised. And also the gov plan to face the curent economic reality. The gov need to be firm & bold in instituting their measures. Which I think, not. Anyway, let's hope for the best.
During this trying times, I remember reading one of the Kiyosaki's book. Quote:"Create a saftey net, at least 6 month of your family expenses". It can help you to last 6 months without job & you will have time to think what to do.
Subscribe to:
Posts (Atom)