31 Mar '16, 10pm

I have being receiving regular emails from our retrenched PMETs and some of the stories were heart-wrenching....

I have being receiving regular emails from our retrenched PMETs and some of the stories were heart-wrenching....

Seven Ways To A Better Transition After Retrenchment Written by: Gilbert Goh I have being receiving regular emails from our retrenched PMETs and some of the stories were heart-wrenching. Many would have read of the matured engineer who used to earn $100,000 per annum but went jobless for 20 months. He was retrenched from the sunset semi-conductor industry. His wife is the current breadwinner now and I am sure that the family dynamics have totally changed after that. He is now thinking of starting a small engineering business. Globalisation has totally changed our economy nowadays and jobs are decreasing as many organisations seek to merge with one another to save cost. Employees also need to multi-task alot these days as companies try to reduce manpower. Many PMETs are put out of work permanently as the jobs created are reserved mainly for the service sector. Traditionally...

Full article: http://www.transitioning.org/2016/02/20/seven-ways-to-a-b...

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