how is your PiP going on?

If you're not in leadership position or in a position where decision making or strategic thinking is value or where experience commensurate with your output, then yes, after 40s you're pretty much in danger.

Have to see what was his value added proposition he was a director in the first place.

A lot of people in directorship position is because of their connection, rather than their strategic know how.
Last time I got one guy being made into director simply because he used to work with a major customer. Company hoping he can use his connection to maintain the contract.

Mana tau the customer has a major revamp and nuked all the director's contract.
Following year no longer a director.

Yes. It is you who kena.🤭

That’s why I plan for 50 years old anytime kena retrench. I see my colleagues 40 yo all still spend like they can work till 65 lol but at the same time start worry about job market Liao.

So much of anxiety in this thread. TS. How old are you actually to have this kind of anxiety.

In short, by >50 after almost 25y in the ranks and you still don't have the moni and portfolios working, gearing enough for you and you still fear not drawing a pay cheque then you sendiri yg carik susah lo.

Another guy I knew working for a Ang Moh MNC, sometimes he gets sent to overseas means he gets two salary at once with over 5 figure a month. When mid 40s kena fry sotong, now open furniture shop to support himself.

Friend Maybank manager in his 40s was fried sotong during MCO.

Another working at high keras hotel also fried sotong, now driving grab

40s is dangerous zone for ordinary kulis

Been thru that episode 17 years ago, nothing to scare if you prepared well ahead.
From a 20k salary, it took me a week to finally launch my second option life career.

when youre at age close to 40s youre already expected to get jobs via connection, not direct applications

i have alot of ex colleagues whom i see move here there often, all because they are constantly being referred to by their friends/colleagues internally. and these arent low level roles too

Dunno what to say... My friend got VSS and got rehire by the same comp after 1 yr.... She very lucky

my company still regularly hires people over 65yo.  I have a few 70yo coworkers.

Only because the msian labour market visa requirement not easy. Visa is tied to employer and many conditions. But don't know how long this can last, once they relax requirements plenty of PRCs, Indians, Indons, Pinoys will come and work for cheap and no more company loyalty when can hire them 50% lower than locals. Plenty of case in SG as they visa requirement much easier compare to us, people work same company ~10 - 20 years hit manager earn SGD5-8k. Suddenly SME lay him off hire Msian for 25% less.

And this is not including older ppl who get taken advantage of pay RM1.7k minimum wage because boss know they got no choice. Loyalty my foot.

This loyalty you talk of is illusion. Maybe for those companies where boss himself build business from scratch they value their long time employee, but once next generation take over especially if they have never worked there they will restructure and fire the those expensive old timers.

This is why when /ktards make fun of KKM seringgit or raise the payment to higher, they fail to see that there are some people who have fallen on hard times who will need healthcare from the government.

52-53....

Yup...she was very happy and satisfied
Got few hundred thousand compensation, enjoy life for 1 yr, comp come rehire her back same pay same position

Yup...she was very happy and satisfied
Got few hundred thousand compensation, enjoy life for 1 yr, comp come rehire her back same pay same position