As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

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"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

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Sunday, 30 September 2018

StarHub to cut headcount in corporate revamp

STARHUB is about to make changes in its organisational structure that could result in lay-offs among its 2,500 employees in a bid to stay "agile and lean" ahead of new challenges, disruptions and threats.


CW8888: Over his last 38 years working as employee; what he saw with his own eyes of his senior colleagues broke down and cried was scary and lasting!

Read? Don't Laugh At Ants When They Looked Far Ahead Of Their Time


4 comments:

  1. The whole department or section is dissolved and this has nothing to do with your job performance.

    ReplyDelete
  2. That's the reason i force myself learning how to invest in stock at the age of 40.

    i don't know this is investing to escape or to achieve. Which like some people say there is a difference.

    i only know can not be a sheep all the time.

    Must be the wolf at least if not be the tiger at times.

    i glad i have plucked up the courage at that time.

    If not U will see me standing behind MacDonald or a Char Quay Teow store lol.

    ReplyDelete
  3. StarHub's restructuring is expected to see S$210 million in savings over a three-year period from 2019.

    The decision to lay-off the 300 positions was not taken lightly, the StarHub's CEO said. “We wish to recognise the extensive contribution that our impacted employees have made to the company’s past development and growth. Such decisions are never taken lightly.”

    “I am very aware of the impact on all our employees, and we are making every effort to support those impacted through this challenging transition. The redundancies are not an individual performance issue but one of strategic realignment of StarHub.

    "We have been extremely fortunate to have many competent people in our team but some positions are not sustainable given the current industry pressures,” he added.


    Read more at https://www.channelnewsasia.com/news/singapore/starhub-to-axe-300-employees-restructure-company-amid-intense-10787566

    ReplyDelete
    Replies
    1. Read?
      CEO, Top Mgmt, Other Employees, and Creating Shareholders Value
      Share


      Why die die we must pursue financial independence! You love your job but CEO doesn't love you!

      Delete

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