Globlalization

What do this big word meant to us, as an ordinary person.

It was simply meaning that when you are over 35 years and highly paid??($1500-3000)and you have stayed in the same company for too long, you will be the first one to be retrenched..ops should say restructing, a nicer word for you to hear.

You will be replaced by those foreign talent(cheap Labour who are paid $500 a month).

For those who stay on, you have to be multi-tasked, that mean you have to do many people's job for one person's salary. The management is ensure no one is indispensible. everyone, excluding the top management, are expandable.

To cut cost further, your company out-sourced to other companies who tendered the lowest price. Lowest price did not equal to high standard. it just meant what you paid is what you get. And it will not stopped but continuing the downward spiraling

For the profit of the company, the 20% will go to 80% of ordinary workers like you and me while 80% will go to the top managment.

What they told you are not true but half truths. They said restructing was good for you and me, but they never said that if you are over 35 years, you will be the first on the chopping board and they said that life will get better.

Not for you but for them. they are no different than the sweat shops. They asked you to work for long hours and paid little, have less benefits or taken away.

also, they create a KPI (Key Performance Index) to measure your productivity. But do the top managment have KPI? Even as the company's profit plunged 80-90%, they still get the extra-ordinaary bonus and salaries.

The managment always said that they were democratic. But it was always top-down approach. They have decided what best for you without having to consulted you.

You are then told to do what they have decided. it was alway a familair deja-vu.