SPH retrenchment !

[vincent2982]

https://mothership.sg/2017/10/sph-ph...ment-exercise/

Walau, Y dun u cut ur own pay to save this ppl. Rem NOL when in ur hands? !!!!

https://mothership.sg/2017/05/ex-nol...ress-holdings/

[lenghan]

Originally Posted by vincent2982

https://mothership.sg/2017/10/sph-ph...ment-exercise/

Walau, Y dun u cut ur own pay to save this ppl. Rem NOL when in ur hands? !!!!

https://mothership.sg/2017/05/ex-nol...ress-holdings/

HaHA otherwise how to pay the newly appointed CEO and to make sure he gets better then previously at NOL

[jwhtan]

Print media is losing readership to online
Furthermore, who wants to read propaganda, even though local news are accurate

[loveikan]

To be fair, this ng just took over fr Alan Chan and the retrenchment was decided last year. He just brought forward the plan.

Having said so, am surprised that the mgmt did not offer to take a pay cut first or as part of this exercise.

This ng's career path was already casted in stone for him even before his enlistment. Do not know why he is still being taken vmcare of despite many ppl doubted his capability and leadership in the commercial world.

Anyway , after this exercise, i the sgort term things will be better due to cost reduction measures and If SPH performs well down the road, it is due to the existing team of people and not because of his leadership.
I will not give him any credit at all.

[vincent2982]

Originally Posted by loveikan

To be fair, this ng just took over fr Alan Chan and the retrenchment was decided last year. He just brought forward the plan.

Having said so, am surprised that the mgmt did not offer to take a pay cut first or as part of this exercise.

This ng's career path was already casted in stone for him even before his enlistment. Do not know why he is still being taken vmcare of despite many ppl doubted his capability and leadership in the commercial world.

Anyway , after this exercise, i the sgort term things will be better due to cost reduction measures and If SPH performs well down the road, it is due to the existing team of people and not because of his leadership.
I will not give him any credit at all.

If he is capable he will make the coy have more profit to show there is no nd to retrench anyone. Or like you say, pay cut 1st. 1 shot wan ppl die. N no news reported...more like cover up

[hkh]

Don't be surprised later SPH is sold to some foreign company...........

[loveikan]

Originally Posted by hkh

Don't be surprised later SPH is sold to some foreign company...........

Maybe sell to Jack Ma who invested heavily with his media acquisition esp in China such as Caixin via his Ant Financial.
He wants to be a bigger player than Jeff Bezos.

[canopy]

Those retrenched will not be able to get back the paycheck they used to have for next job that they will take up.

[loveikan]

Originally Posted by canopy

Those retrenched will not be able to get back the paycheck they used to have for next job that they will take up.

Consider lucky if they can get a job im this mkt regardless of how long tehy have worked in SPH and years of exp they got.

[Guppies Onli]

Also CATS losing out to many free online ads. Think nowadys many property agents cut down their CATS ads due to online ads.