https://www.thestar.com.my/business/busines...arket-position/

https://www.freemalaysiatoday.com/category/...1j8KPQeZvI5k7pc

Bad times  pity the workers,

Astro is implementing a strategic review of its business structure, including deeper cost rationalisation and workforce optimisation. While this would book in potential one-off expenses in the coming months, we are positive on the long-term cost savings, productivity improvement and more effective redeployment of its resources. In tandem with its strategy, the Group has announced the cessation of operations of Tribe OTT and live streaming platform Tamago in view of the challenging landscape. We understand that any cost savings from the closure will be reallocated to its growing home shopping business.

Astro is closing Tribe and Tamago. And be prepared for more Go Shop.

VSS?

u join at 2012, then ur package is 1.23mth + notice peridce + 1 month retention or whatever
u join before 2012, package is 1.25 mth + notice period + 1 month

VSS?

Eventually what does it means?
So is it means something like retired program? 

Voluntary Separation Scheme,employees can opt to accept whatever cash given and quit or stay and face the music! VSS is actually a tactic used  to avoid a bad name or reputation to the company. They are actually going down on losses but blame digitalisation and that they are trimming staff!

Ok, I roughly a bit understand... Meaning that the gaji either partially or you will receive what gaji given by company (But no the actual amount anymore).. So employees either to accept the gaji what they give you (Example your gaji is RM1K, but you only receive RM50) or you quit the job from the particular company.. Am I right?

Ya

Something like that

Indirectly called retrenched in a more painful way

Ok, I roughly a bit understand... Meaning that the gaji either partially or you will receive what gaji given by company (But no the actual amount anymore).. So employees either to accept the gaji what they give you (Example your gaji is RM1K, but you only receive RM50) or you quit the job from the particular company.. Am I right?

Wrongla. VSS is u get the package as mention above. example salary 5k, times 1.25 = 6250, you've work for 10 years, plus 3 months = 62500 + 6250 + 6250 + 6250 = You will get RM82k but you have to resign.

Nothing to do with potong gaji       

Already post above..
Still don't understand the concept of VSS..
Next time Google VSS 🙏

Waa, like that I guess quit of job turnover rate very high oh..
Soon wanna new year already. Most of ppl wanna prepare buy and hunting items.

The world is changing, seems like feng shui luck is fully utilize until finish already.

It is not only painful, but also it is high tension if the employees have lot of debts to clear by monthly.

economy is turning worse in 2019

market very dull and down

now even shady business like night clubs and nombor ekor also very challenging, polis keep kacau

economy is turning worse in 2019

market very dull and down

now even shady business like night clubs and nombor ekor also very challenging, polis keep kacau

I think not so very huge impact for the economy..
I guess it's government change already, causing those night backdoor been block...
And this year 2018, see from online news lot of CEO either retired or resigned...

Ooppss, oh ya.. It's out of topic.. We should back to astro discussions...

expect to see more companies jumping in the bandwagon
next year gonna be shit year for most industries due to recession
yet some people think as if yelling bantah icerd can place food on their table, tongkat mindset never realized
to add:

they do have embarked on a journey towards digital transformation
by slowly getting rid of traditional DTH platform, into modernized digital technology company, this VSS might very well targeted towards these DTH platform people more. Ironically, revenues still coming from subscribers money, while digital products are losing money; so they can't chop off the DTH just yet

not many people actually know that Astro has its own ewallet and payment gateway, it has miserably low adoption in the market, due to lack of awareness of the products, what is the use of ewallet if all it ever does is just to pay astro bills?? Seriously, even TnG ewallet is catching up very fast

it is very hard to ride on the digital transformation bandwagon, if the mindset of most top managements still resides in 80s-90s era, those old man with ego bigger than their balls