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2015 Retrenchment / Job Cuts / Lay Off in Malaysia – Further Job Cuts and Lay Off

Earlier last month, I shared some retrenchment news in Malaysia. Since then, there is more announcements on job cuts as below: RHB Capital embarks on Career Transition Scheme (CTS) Malaysian Banks Reducing Staff Hewlett-Packard Co (HP) to Cut up to 30,000 jobs Shell Malaysia to axe 1,300 jobs over two years All of the above […]

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Malaysia Retrenchment: Should You Take Up the VSS or MSS Offer?

For this post, I will be sharing my thought on whether an employee should take up the VSS or MSS offer. Retrenchment caused by COVID-19 pandemic This post was first published on 15 August 2015 where job cuts happened globally especially to huge corporates. Since early January 2020, I noticed there’s an increase in visitors

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Retrenchment in Malaysia

Recently, there are quite a number of retrenchments in Malaysia. It also happens globally. Retrenchments in Malaysia and globally I share below, some of the 2015 retrenchment or job cuts both in Malaysia and globally: CIMB Group offered voluntary Mutual Separation Scheme (MSS) HSBC to cut thousands of jobs globally Fairchild Semiconductor (Malaysia) Sdn Bhd

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