Deutsche bank staff leaving the office after give an envelope
#21
Before this, were they laughing at other Singaporeans who were jobless and said that they are not hardworking or smart enough?
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#22
No big deal....just move on. It is not the end of the world.

Life will still be as per normal unless they do something stupid and crazy.

There are so many options and avenues available....will surely won't starve to death.

People in worse conditions are still surviving.

Having been with the bank for years, surely have heavy savings on hand.
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#23
12-7-2019 11:49 AM
highland said:
Previously was 1 year = 2 weeks pay.
Now 1 year = 1 week pay
Next time, no pay because it is not compulsory
Hard Truth

Yeah, usually the compensation package is up to the company.
Company can don't even pay a single cent too.
So, just take whatever the company pay.
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#24
12-7-2019 1:57 PM
hansamu said:
No big deal....just move on. It is not the end of the world.

Life will still be as per normal unless they do something stupid and crazy.

There are so many options and avenues available....will surely won't starve to death.

People in worse conditions are still surviving.

Having been with the bank for years, surely have heavy savings on hand.

The problem probably is people don't really save.
I mean they buy car, condo, go expensive eats, go expensive holidays...spend but never probably think that this day will happen to them.
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#25
especially in US. Contract employment are very common and this has been brought into Singapore as well. Thus retrenchment need not be applicable in some jobs. Once contract is up. Company need not renew the contracts. Save money on retrenchment package.
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#26
12-7-2019 2:00 PM
hfourhappy said:
The problem probably is people don't really save.
I mean they buy car, condo, go expensive eats, go expensive holidays...spend but never probably think that this day will happen to them.

How do you know ? You are not them so you wont know....for what you know they may be millionaires !
Don't underestimate others.....especially shrewd bankers.....most if not all are adept savers !
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#27
12-7-2019 2:08 PM
hansamu said:
How do you know ? You are not them so you wont know....for what you know they may be millionaires !
Don't underestimate others.....especially shrewd bankers.....most if not all are adept savers !

Bro, I say probably only....some yes of course some are rich and no issue with retrenchment.
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#28
Don't think only top people get the chop, probably ground staff too?
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#29
12-7-2019 1:29 PM
thermo-rx said:
Inside Banking industry....are monkeys and robbers....lol

Lots of them in foreign Caucasians banks are Indians at top positions.
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#30
12-7-2019 2:53 PM
gemstar said:
Lots of them in foreign Caucasians banks are Indians at top positions.

Also Pinoys too.
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