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 Top Glove lays off 600 staff

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TSLembu Goreng
post Jun 16 2023, 09:33 PM, updated 3y ago

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Xith
post Jun 16 2023, 09:34 PM

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Local or foreigner?
max_cavalera
post Jun 16 2023, 09:36 PM

rebirth
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Tabley ini machem lar bhaiyaaaa sad.gif
loon90
post Jun 16 2023, 09:38 PM

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Not earn a lot meh during MCO
ileys
post Jun 16 2023, 09:38 PM

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It's back to pre-pandemic era.


narf03
post Jun 16 2023, 09:40 PM

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QUOTE(Xith @ Jun 16 2023, 09:34 PM)
Local or foreigner?
*
those who has high salary
SUSCincai lar
post Jun 16 2023, 09:43 PM

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600 small figures lar,..
NathanJeans
post Jun 16 2023, 09:43 PM

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BBB UUU Monday to the moon?
SUSCincai lar
post Jun 16 2023, 09:44 PM

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QUOTE(Xith @ Jun 16 2023, 09:34 PM)
Local or foreigner?
*
most probably mid manager,.. mid manager normally locals,..
kelvinfixx
post Jun 16 2023, 09:44 PM

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More then 600 people I think. the cost of operation is higher after increase basic salary to 1500, Thailand and China operation is lower because of government support, and the electricity tarif is higher for business, etc. Government makmur tax during good time but now bad time no one care to give help.

This post has been edited by kelvinfixx: Jun 16 2023, 10:21 PM
teehk_tee
post Jun 16 2023, 09:47 PM

ΰΉ„ΰΈ‘ΰΉˆΰΉ€ΰΈ›ΰΉ‡ΰΈ™ΰΉ„ΰΈ£
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From: ΰΈΰΈ£ΰΈΈΰΈ‡ΰΉ€ΰΈ—ΰΈžΰΈ‘ΰΈ«ΰΈ²ΰΈ™ΰΈ„ΰΈ£ BKK

industrial tariff now raised d
sure cost high lulz
kelvinfixx
post Jun 16 2023, 09:52 PM

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QUOTE(Cincai lar @ Jun 16 2023, 09:43 PM)
600 small figures lar,..
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600 is alot for a medium big company. but 600 does not include those resign which is more than 600.
cucumber
post Jun 16 2023, 10:17 PM

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This is good news for investors. Can buy. NBDRE. Messiah
smallcrab
post Jun 16 2023, 10:19 PM

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X sangka

Fortune 500 still a dream

Owaii
kelvinfixx
post Jun 16 2023, 10:20 PM

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QUOTE(smallcrab @ Jun 16 2023, 10:19 PM)
X sangka

Fortune 500 still a dream

Owaii
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Sales like during pandemic wont be in FG 500 also

RootOfJesse
post Jun 16 2023, 10:35 PM

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pakai buang
Xith
post Jun 16 2023, 10:54 PM

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QUOTE(Cincai lar @ Jun 16 2023, 09:44 PM)
most probably mid manager,.. mid manager normally locals,..
*
Foreign operators can now said Syukur & God Bless Malaysia for protecting their rice bowl.
theberry
post Jun 16 2023, 11:09 PM

OK!
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still can enter fortune 500 or not
hantu1911
post Jun 16 2023, 11:35 PM

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QUOTE(Xith @ Jun 16 2023, 09:34 PM)
Local or foreigner?
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local got only 100+ staff to manage the operation...where got enough to be fired

wonder which batch got fired, bangla ,nepal or vietcong
SUSpetpenyubobo
post Jun 16 2023, 11:37 PM

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Do you hear recently those making complains of being PIP'ed and being pushed towards resignations are execs and engineers?

Those are all middle management positions.
raito-kun
post Jun 16 2023, 11:39 PM

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cukur kerajaan madani ekonomi makmur
AthrunIJ
post Jun 16 2023, 11:40 PM

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QUOTE(loon90 @ Jun 16 2023, 09:38 PM)
Not earn a lot meh during MCO
*
Ceo thanks kuli for new house and car

πŸ‘€πŸ·πŸΏπŸ€­
SUSpetpenyubobo
post Jun 16 2023, 11:51 PM

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QUOTE(AthrunIJ @ Jun 16 2023, 11:40 PM)
Ceo thanks kuli for new house and car

πŸ‘€πŸ·πŸΏπŸ€­
*
They don't buy cash but take loans and with OPR now rising uncertainly looking at best ways to cut spending for financial result correction.

Best way is to cull headcounts.
blanket84
post Jun 16 2023, 11:53 PM

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QUOTE(Cincai lar @ Jun 16 2023, 09:44 PM)
most probably mid manager,.. mid manager normally locals,..
*
Yeah. Mid managers are the most dispensable ones. You only need c-level (for money matters), exec/engineer and blue collar workers to operate.
SUSpetpenyubobo
post Jun 16 2023, 11:56 PM

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QUOTE(blanket84 @ Jun 16 2023, 11:53 PM)
Yeah. Mid managers are the most dispensable ones. You only need c-level (for money matters), exec/engineer and blue collar workers to operate.
*
Execs and Engineers are Mid Level Management la.

Chief Execs, VPs and Senior Managers are top managements while lower end positions are the non exec laborers/supervisors.

Anything in between are Mid level management positions.
Ayambetul
post Jun 16 2023, 11:56 PM

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Banggala is crying
AthrunIJ
post Jun 17 2023, 12:00 AM

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QUOTE(petpenyubobo @ Jun 16 2023, 11:51 PM)
They don't buy cash but take loans and with OPR now rising uncertainly looking at best ways to cut spending for financial result correction.

Best way is to cull headcounts.
*
Just to appease shareholders

πŸ‘€πŸ·πŸΏπŸ€­
blanket84
post Jun 17 2023, 12:19 AM

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QUOTE(petpenyubobo @ Jun 16 2023, 11:56 PM)
Execs and Engineers are Mid Level Management la.

Chief Execs, VPs and Senior Managers are top managements while lower end positions are the non exec laborers/supervisors.

Anything in between are Mid level management positions.
*
Exec are execs la. Mid level management are anything between c-level (chief xxx officer) and execs.
SUSpetpenyubobo
post Jun 17 2023, 12:31 AM

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QUOTE(blanket84 @ Jun 17 2023, 12:19 AM)
Exec are execs la. Mid level management are anything between c-level (chief xxx officer) and execs.
*
Execs are mid level management that's why those who were mostly laid off recently by FAANG and MAAMA mostly were managers and engineers.

Usually the top management will ask these guys to do their dirty work of monitoring and supervising the non execs.
lorrydriverrocks
post Jun 17 2023, 12:35 AM

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QUOTE(loon90 @ Jun 16 2023, 09:38 PM)
Not earn a lot meh during MCO
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U earn a lot that time how long can u sustain? Unlimited money meh

 

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