Cameron Highlands Tea Plantation, Malaysia

Monday, November 24, 2008

Retrenchment Woes

I write this post with a heavy heart. As I mentioned earlier in my blog post, my company has been suffering from financial difficulties.

After weeks of speculation in my troubled company, the retrenchment exercise began today and employess from the upper management were apparently affected. I was thankful and quite lucky not to be hit by this predicament. For the first time, I felt an enormous sense of relief but at the same time I felt sorry for those that will be facing the blues.

When I started in this male dominated industry 10 years ago, many felt that I would not last long as the job was tough. I took it as a challenge to prove the sceptics wrong and was determined to work my way up from there. I've to admit that I didn't have the physical strength for some tasks, nevertheless there were ways to work around it. I have grown close to my colleagues and really appreciate them for being there for me when I needed help. Although most of my friends were safe from the retrenchment exercise so far, it was disheartening to learn that some of them were not spared the knife.

Sadly, many manufacturing plants in Penang are expected to retrench their employees in the months ahead, following the global economic downturn. Looks like everyone sees it like a chain reaction. To make matters worse, the affected people especially those who do not have a good education background are more likely to face difficulty in finding available jobs.

Suffice to say, I hope the economy will pick up soon. I am safe for the time being but only heaven knows what the future holds and all I can do is keep my fingers crossed and pray.

6 comments:

  1. Glad to hear you are safe from retrenchment. In my company, there's a freeze in new hiring and existing staff now have to shoulder more work to cover for those who have resigned.

    I too hope the economy will pick up soon.

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  2. my company also freeze from hiring staff...but glad you are safe from retrenchment...

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  3. It's bad out there isn't it? I'm even more worried these days especially seeing as how I'm going to start a new job soon.

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  4. lina,
    it's always wise to save for a rainy day. the economic slowdown is affecting everyone.

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  5. azlan,
    there will be further laid offs in near future. my fervent hope is the axe doesn't falls on me.

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  6. nick,
    be optimistic of your new job, i'm sure you'll make it and good luck in your new undertakings.

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