The Saturday Times reports that Singapore is officially in a technical recession after being reporting 2 consecutive quarters of declined GDP (Gross Domestic Product). So what does it means guys? It means that you better have ample savings in you bank account especially if your getting $4000 and above because there is highly a chance that your company will giving you the “Thanks for your service, but we can no longer afford to hire you” letter beginning in December.
For those of you who still thinks that your pay is too low, not enough leave, your boss is a bitch etc, wake up to the idea that most companies were going to down size soon and employees were already being retrenched from MNCs to SMEs. Now is the time which I believed, is to go back to school or take up courses to upgrade yourself to ensure your survive cause no one knows when this global turmoil is going to end.
Now is time of huge storms and giant waves and the best strategy which in my opinion, is to stay in your harbour (your job), stock up your supplies(your savings) and upgrade your skills while trying tough out these tough times. Trying to be funny during these times will most likely turn you into the ship that trys to sail into the Perfect Storm.
Watch the movie “The Perfect Storm” and you will know the ending of that ship.
