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DBS moves local 1500 IT jobs to India

Eepchuan
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Sabian

Sabian

Turbocharged

SG bo talent mah+all the foreign workers' passes restricted....

 

since Mohamed Amit can no longer come to mountain, next best thing is to move the mountain to Mohamed Amit.

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Kusje

Kusje

Supersonic

They get this si lang foreign gei leng, making a mess. Now even bring jobs to india for his ppl.

 

And how many of these 1.5k jobs are being done by locals now anyway?

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Kb27

Kb27

Supersonic

Locals are not hungry enough and demand too much.

So move all the jobs away to more hungry people.

Get used to it.

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Kangadrool

Kangadrool

Supersonic
(edited)

These places aren't exactly cheap or cheaper than SG in total operating costs.

 

What you get is abundance of labour and land at cheaper rates than in SG.

 

Other costs besides labour and land aren't cheap and there are many hidden costs. You may need to pay extra to ensure 24/7/365 electricity supply. [sly]

Edited by Kangadrool
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Evillusion

Evillusion

Supersonic

These places aren't exactly cheap or cheaper than SG in total operating costs.

 

What you get is abundance of labour and land at cheaper rates than in SG.

 

Other costs besides labour and land aren't cheap and there are many hidden costs. You may need to pay extra to ensure 24/7/365 electricity supply. [sly]

well...if bad comes to worse they could still come back here to our sunny shores citing good roi and a very good offshore experience than sweeps all the loss under the carpet!
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Spring

Spring

Moderator

I've seen back office ops going to India n being made a mess of n they get our locals to go there n clear the mess. One instance I even heard of the ops being brought back eventually n they hired a whole lot of contract staff to clean up which took months!

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Kangadrool

Kangadrool

Supersonic

I've seen back office ops going to India n being made a mess of n they get our locals to go there n clear the mess. One instance I even heard of the ops being brought back eventually n they hired a whole lot of contract staff to clean up which took months!

This has exactly happened to a number of shipping companies that offshored their b/l documentation there.

 

Imagine SG shippers pay ridiculous sgd80 per bl, but get sh1t service. End up, SG staff need to spend loads of time to follow up.

 

Some shipping cos have actually pulled out within short few months after doing it.

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BenTong

BenTong

Turbocharged
(edited)

These places aren't exactly cheap or cheaper than SG in total operating costs.

 

What you get is abundance of labour and land at cheaper rates than in SG.

 

Other costs besides labour and land aren't cheap and there are many hidden costs. You may need to pay extra to ensure 24/7/365 electricity supply. [sly]

Bro.. Have to disagree.. Annual Wages just 30% of SPoreans here. N less benefits.

 

Uncle also moved 70% of biz out. Bo pein wages to exp... N gov initiative to train local.. Not working.. Local only know how to manage n do admin work..all in opex 50% of SG.. N that is good enough...

 

SG workers lack Skills n competencies like:

 

(1) coding

(2) basic & translational engineering

(3) broadmindness

(4) adaptability

(5) cultural emphaty

Edited by BenTong
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Mnns

Mnns

4th Gear

Bro.. Have to disagree.. Annual Wages just 30% of SPoreans here. N less benefits.

 

Uncle also moved 70% of biz out. Bo pein wages to exp... N gov initiative to train local.. Not working.. Local only know how to manage n do admin work..all in opex 50% of SG.. N that is good enough...

 

SG workers lack Skills n competencies like:

 

(1) coding

(2) basic & translational engineering

(3) broadmindness

(4) adaptability

(5) cultural emphaty

It really depends where you moved your business to. For some places you end up with poor quality work and lots of rework (and loss of blood) - these are some of the hidden costs bro Kangadrool is probably referring to. For businesses where technology plays a small part, its not visible. For businessess where technology drives much of its value, its a nightmare.

 

Your 5 points are a reflection of the mindset cultivated by our schools and society bro - just not attractive enough to be seen doing all these lol especially point 1. There are still some around that meet your criteria, just not at 30% of local wages.

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Kopites

Kopites

Supersonic

Me a hokkien speaking laymen not like many here. Highly educated. Only one question.

 

Is it safe to put money with POSB/DBI now.

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Enye

Enye

Hypersonic

Don't everything also complain lah

 

They are simply sending 1500 back home

 

Isn't that good news?

 

 

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Wt_know

Wt_know

Supersonic

mrt will have less 1500 packed in the carriage ... huat ah!

 

Don't everything also complain lah

They are simply sending 1500 back home

Isn't that good news?

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BenTong

BenTong

Turbocharged
(edited)

It really depends where you moved your business to. For some places you end up with poor quality work and lots of rework (and loss of blood) - these are some of the hidden costs bro Kangadrool is probably referring to. For businesses where technology plays a small part, its not visible. For businessess where technology drives much of its value, its a nightmare.

 

Your 5 points are a reflection of the mindset cultivated by our schools and society bro - just not attractive enough to be seen doing all these lol especially point 1. There are still some around that meet your criteria, just not at 30% of local wages.

Quality unfortunately not worse off than SG. really not sure whether it's the quality or relevance of our education institution or our local grads..

 

Anyway as a business owner, bottom line can only be supported by talent,quality and costs..

 

SG costs structure is worrying.

 

Uncle also started Cafe business in Tokyo.. surprisingly costs in Tokyo is 10% cheaper than SG. Now that worries me for SG workforce..

Edited by BenTong
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Luckcent

Luckcent

4th Gear

This is not sending 1,500 homw but giving new 1,500 jobs to gitling kia after a few years of low profile. What happens to our local

jobs......all gone.

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