Is Your company Going To Downsize
By buzzman
@buzzman (171)
United States
1 response
@cheongyc (5072)
• Malaysia
27 Nov 08
Since the economy crisis started, we are seeing a lot of company downsizing. Many massive retrenchments have been done by the giant corporates due to decreasing demands and business volumes. One of the shocking example is the 50k layoff by Citibank Group. It's a pity to see many people lost their job. This is not good because it will further impact the economy with rising inflation and crime rates. I hope the situation is getting better. I have heard the my company are planing for downsizing also. I will take a long rest if I am really got laid off, before exploring my own business. I will let you know if I got my retrenchment package.