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Friday, July 14, 2006

Retrenchment

Well, today is quite a serious day in my company. My CEO finally announced that 1000 managers worldwide will be retrenched. Felt lucky actually because i am no affected at all. From company perspective, my company is already too big and lost its agility. Retrenchment is good to boost up again company decision making efficiency and make management easier. However, i still feel pity on those who are affected. They only have 2 weeks to pack their thing and leave. hmmm.... the world is realistic, after all.

2 comments:

Anonymous said...

How is th retrenchment package in intel? only manager affected?

wcheow said...

yup... only managers are affected. There are too many management layers that make decision making process slow....... err.. who r u? do you mind to disclose yourself?