Career & Education
Personal Updates- Retrenchment and Loss Of Job.
By Investment Income for Life  •  September 25, 2022
While my company is still profitable, my overseas Headoffice has strangely thrown down the axes to retrench some of our staff fronting the Singapore office. The Group Chief Financial officer (the "CFO") has also made a threat to me over our MS Teams meeting that if they do not see as much profits as prior year after this first batch, they will rain down more flying axes on us. I was extremely disappointed as unfortunately, I did not get the axe in this initial phase. As a matter of fact, I was very jealous of my colleagues in the operations team who got it. A golden handshake package pegged to market practice was given out to individual staff affected. What a good opportunity to get "special bonus" and then quickly look for another replacement job. Despite the recent stock markets crash due to the imminent recession, there are still plenty of job opportunities out...
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By Investment Income for Life
I am an Accountant by training and is currently working in a global MNC in the Supply Chain industry. During my free time, I enjoy reading up on topics such as stock investing, insurance planning and property investment. Since 2012, I have started penning down my thoughts on certain financial matters while striving to achieve financial independence.
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