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 Petronas cut job 10%, contract ggwp, No 6x bonus, ber1 make noise

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Starbucki
post Jun 5 2025, 09:36 PM

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no wonder nowdays no more lobby and lanyard pics.

9m2wjimbeamofnrt
Zaryl
post Jun 5 2025, 09:39 PM

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QUOTE(nelson969 @ Jun 5 2025, 08:30 PM)
Gov no more safe iirc, contract job, pension base on how many year u work. Many term and conditions, which gen z want
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ayam the last gomen servant intake batch that still has pension scheme. After the new batch, no more.

now be a good citizen & pay up more taxes & stuff to fill my super platinum iron bowl.

inb4 untong lah kerja gomen


s@ni
post Jun 5 2025, 09:40 PM

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Should offer early retirement to those yg sudah kaya.. Kwsp more than 1mill
Jened
post Jun 5 2025, 09:42 PM

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Is Petronas share price dropping?
UserU
post Jun 5 2025, 09:57 PM

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And yet they can still import from TCS
TSnelson969
post Jun 5 2025, 10:01 PM

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QUOTE(Zaryl @ Jun 5 2025, 09:39 PM)
ayam the last gomen servant intake batch that still has pension scheme. After the new batch, no more.

now be a good citizen & pay up more taxes & stuff to fill my super platinum iron bowl.

inb4 untong lah kerja gomen
*
Yes sir lol
blanket84
post Jun 5 2025, 11:29 PM

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I heard it would be done in two rounds. First round would be the higher management this month, and the second round would be in October for the working level.

Meaning the remaining management will handpick whom they choose to keep.

This post has been edited by blanket84: Jun 5 2025, 11:31 PM
cms
post Jun 5 2025, 11:32 PM

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-21%, then -30%, and then -XX%.

How lah wanna tahan
motherland
post Jun 5 2025, 11:39 PM

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Habislah those with high salary…replace with intern and new intake lower salary
TSnelson969
post Jun 5 2025, 11:40 PM

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QUOTE(motherland @ Jun 5 2025, 11:39 PM)
Habislah those with high salary…replace with intern and new intake lower salary
*
cut corner until no way to cut
Spitzer
post Jun 5 2025, 11:46 PM

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QUOTE(s@ni @ Jun 5 2025, 09:40 PM)

Should offer early retirement to those yg sudah kaya.. Kwsp more than 1mill
*
epf more than 1mil really couldn't do shit to petronas staff..

i know most are offered 20~months last drawn salary for their redundancy, and still they stress
callmecool
post Jun 6 2025, 12:04 AM

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please trim down all the fats. needed this for a very long time. overpaid staffs. 2-3 staffs doing 1 person's work. too high bonuses. a lot of staffs there are hired becuz of parents' connections. stop contracting expensive and unworthy external consultants.
Mattrock
post Jun 6 2025, 12:39 AM

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QUOTE(s@ni @ Jun 5 2025, 09:40 PM)
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Should offer early retirement to those yg sudah kaya.. Kwsp more than 1mill
*
KWSP? More likely KWBM - kumpul wang bawah meja.
bsa12
post Jun 6 2025, 10:48 AM

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QUOTE(Syie9^_^ @ Jun 5 2025, 09:32 PM)
100 years sure, in your dream like the coal miners. laugh.gif

O&G sustained is about engineering feature.

Medicine : I pity you derived from O&G, no wonder toxic and harmful.

Asphalt: there is alternative to asphalt, basalt plenty around.

Lubricant: sure, but how much lubricant you need?

Global Shipping: they are also in decline, bigger ship and more energy efficient become more mainstream. Developing countries are not like 1960s.
Shale, not shell.

:x
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Yes, smart a55
Syie9^_^
post Jun 6 2025, 10:51 AM

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QUOTE(bsa12 @ Jun 6 2025, 12:18 PM)
Yes, smart a55
*
use proper word; dont mislead others. biggrin.gif

This post has been edited by Syie9^_^: Jun 6 2025, 10:54 AM
Drian
post Jun 6 2025, 11:25 AM

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Petronas consider very mild compared to all the tech companies.

Intel alone retrenched for the past 3 years.



tifosi
post Jun 6 2025, 11:28 AM

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Their package is very good compare to most companies out there. Min 12 months upto 36 months at 1.5 months.
9m2w
post Jun 6 2025, 11:30 AM

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QUOTE(Starbucki @ Jun 5 2025, 09:36 PM)
no wonder nowdays no more lobby and lanyard pics.

9m2wjimbeamofnrt
*
They (Petronas) been down this road before

The interns well good luck
cms
post Jun 6 2025, 11:37 AM

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QUOTE(nelson969 @ Jun 5 2025, 09:16 PM)
Takut share price drop so use nice word, plus the old boomer / boomer when getting super old dont like heard negative word one
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No lah, investors love it when company retrench. Lower cost mah.
hoonanoo
post Jun 6 2025, 11:39 AM

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QUOTE(Taikor.Taikun @ Jun 5 2025, 07:57 PM)
Times are bad for everyone. European MNCs also restructuring, downsizing
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but petronas is double trouble

the fight with petros and at same time issue high dividend to pay for msia spending

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