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Sign of economy downturn


Leeke1
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any company out there start force leave? or cut OT? or retrenchment?

i am from semincon industry

heard that fab start to force leave from next month onward...warm shutdown...

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any company out there start force leave? or cut OT? or retrenchment?

i am from semincon industry

heard that fab start to force leave from next month onward...warm shutdown...

 

I will only accept a recession when property price and rental fall like no tomorrow.

 

Once this happen, everything else will follow.

 

I don't see that happening, yet.

 

Edited by Wishcumstrue
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any company out there start force leave? or cut OT? or retrenchment?

i am from semincon industry

heard that fab start to force leave from next month onward...warm shutdown...

Yes...my company force leave...semi con too....this is a first sign of downturn....and it is true...order all down badly

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thought the minister already mentioned in the news few days ago that some manufacturing start cut OT and laying off people?

i dun trust the news la....must hear from correct sources...news been manipulated some how...to paint it not so serious....

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Neutral Newbie

Turn for the worse? :o

 

A presidential election during the worst financial crunch of the century. It doesnt sound any better.

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semicon n fab seem to be always the first to feel it. anyw the euro banks staff have been nervous since last 2 weeks. my co bankers, euro bank, were so downcast when they gave us mooncakes.

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semicon n fab seem to be always the first to feel it. anyw the euro banks staff have been nervous since last 2 weeks. my co bankers, euro bank, were so downcast when they gave us mooncakes.

 

with people losing 2 bil with a blink of an eye,

how many pax need to be axed, to make up for this loss.

 

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That's why I am keeping cash for a rainy day....hsbc got a fd promo 0.72% for 9 months....plus free flashpay card with value....what can we do with flashpay cards???

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semicon n fab seem to be always the first to feel it. anyw the euro banks staff have been nervous since last 2 weeks. my co bankers, euro bank, were so downcast when they gave us mooncakes.

 

Did they slip the pinkslip inside the mooncakes?

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That's why I am keeping cash for a rainy day....hsbc got a fd promo 0.72% for 9 months....plus free flashpay card with value....what can we do with flashpay cards???

Maybank's higher... 1 over % i think...

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