Latest massive layoff for Malaysia's first Unicorn
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 Nov 17 2023, 08:37 AM
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#1
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1,782 posts Joined: Jul 2022 
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QUOTE(thesoothsayer @ Nov 17 2023, 08:26 AM) Most of these so-called unicorns really have head scratching business models. Can only praise their founders for having glib tongues to convince investors. mytukar also? |
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Nov 17 2023, 08:39 AM
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#2
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1,782 posts Joined: Jul 2022
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QUOTE(achong09 @ Nov 17 2023, 08:14 AM) i have friend working in caresome also.. just called him and he say no such thing happen.. this is fake news leh... maybe because news last reach employees?your source true or not?  they r in denial syndrome? not only that, co try to hide until it is too late, call them in to HR and tell them to pack up? |
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Nov 17 2023, 08:51 AM
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#3
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1,782 posts Joined: Jul 2022
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QUOTE(mingosaur @ Nov 17 2023, 08:42 AM) I was told everything was super last minute. Really bad handling from the management/HR. No office wide announcement. Started with townhalls for different departments at different days. After that called in for 1on1 and then provided letter.... most are immediate termination. Feel really bad but I guess it is the risk with startups. no retrenchment or severance pay, just terminated like that?their head office is in Msia or Spore? I am surprised that they are run so badly, thought that temasik as their major investor would have reign in their spending. their marketing campaign 28mil USD alone on eric cantona is crazy. That's bigger than most large corporate marketing budget I know in Msia. Imagine if that is 10% of their marketing budget. They still got other digital, roadshows, media preview, posters, etc to go. This post has been edited by hoonanoo: Nov 17 2023, 08:52 AM |
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Nov 17 2023, 09:00 AM
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#4
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1,782 posts Joined: Jul 2022
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QUOTE(Bananahead @ Nov 17 2023, 08:57 AM) This happened to me. One day, HR just called me to their office all of a sudden, and told me today will be your last day. I think this happens a lot at Start Up Companies. That feeling was crazy, the tension and excitement was something I have never felt before, excitement as I already had the thought of leaving the company, but at the same time it was shocking as I did not expect that to happen to me. My friend who worked at a bank, told me he had a choice to take up severance pay or remain. He took up severance pay, 6 months, then found another job almost immediately. Another friend, his wife worked at a bank almost 20 years, she took up volunteer severance pay in her early 50s. After that, retired early no need to do anything but travel overseas for fun. |
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Nov 17 2023, 09:25 AM
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#5
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1,782 posts Joined: Jul 2022
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QUOTE(mingosaur @ Nov 17 2023, 09:14 AM) Head office in Msia. Heard got severance pay but don't know how much. The ones who get fired hopefully can get work elsewhere quickly so can treat the SP as bonus. LOL economy now very bad lanot sure if they can find jobs so fast. |
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Nov 17 2023, 11:01 AM
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#6
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1,782 posts Joined: Jul 2022
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QUOTE(Mavik @ Nov 17 2023, 10:21 AM) Welcome to the world of tech firing. If you think that is bad, some examples of tech firing, staff tries to check their calendar for the day's schedule, suddenly see error with access denied. Can't access all email, comms and then you see the news of layoffs online. Or another one where a staff was meeting with a customer outside the office and when they brought the customer to check out the office, the access pass just stopped working. twitter? |
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Nov 17 2023, 04:01 PM
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#7
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1,782 posts Joined: Jul 2022
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QUOTE(JimbeamofNRT @ Nov 17 2023, 03:58 PM) mytukar already bought share in p@ulietan so mytukar better managed?https://www.malaymail.com/news/money/2023/0...eadership/75274 meanwhile shitsome bought 2 useless car based websites |
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Nov 17 2023, 04:31 PM
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#8
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1,782 posts Joined: Jul 2022
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[quote=RT8081,Nov 17 2023, 04:04 PM]
no wonder ravis krik krik... [/quote] Well said. Lucky I didn't join them [/quote] Ya think service center business is very profitable? I don't think so. Rental car biz? Oh gosh no, they don't make much money either. |
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Nov 17 2023, 04:32 PM
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#9
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1,782 posts Joined: Jul 2022
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QUOTE(sultanmurka @ Nov 17 2023, 04:12 PM) Dengar kata, ramai yang dikalangan diberhentikan kerja masih baru beberapa bulan masuk kerja. high staff turnover..Pelik dengan syarikat ini, kalau dah tahu kos operasi perlu dikurangkan.. Kenapa masih mengambil pekerja baru. Ini bukan sahaja merosakan periuk nasi pekerja yang teraniaya malah menyusahkan ramai pihak seperti lhdn, perkeso dan sebagainya. Ini bukan kali pertama syarikat ini berbuat demikian. Rasanya tiba waktu kementerian untuk masuk campur dan pantau kegiatan syarikat ini. co dun give a shit about ur nasi periuk |
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Nov 18 2023, 05:14 PM
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#10
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1,782 posts Joined: Jul 2022
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QUOTE(teehk_tee @ Nov 17 2023, 06:38 PM) i got sos in mytukar HR, now planning next year salary raises. damn, I should have joined them. takde hal langsung They wanted to hire me, but I pulled out. |
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