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$10 company next after $2 AIM

leetahbar

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yep! it's going to be in fashion with the loopholes and moneytraps only the paps are good at.:oIo:

next on the cue would be mediacorpse. expect mass retrenchment and replacement with cheaper FTs.


EDMW loves Singapore



Mediacorp Mass Retrenchment saga - as claimed by TRS:

An Email sent to Mediacorp employees informing them of an organisational change. *click to enlarge*

A TRS Reader working in Mediacorp shared with us this email from January of 2013. In the email, the head of IT at Mediacorp was informing all employees of an organisational change about ot occur. He promoted the change as a way to strengthen Mediacorp's capabilities.

In reality, this ‘organisational change’ meant that almost the entire SAP application team was axed. About 30% were made redundant on the spot. The rest were given a timeline of 3 to 6 months to perform transition to the new vendor before they completely exit.

It is also concerning that DWC, the new vendor assigned to take over the SAP projects, is a very new company registered only in 2010 worth only SGD 10. (Company profile document: http://therealsingapore.com/content/mediacorp-mass-retrenchment-jan-2013 )

How can such a company have a sufficient track record for the current Head of IT, Joe Piamthipmanus, to say “We are convinced that this re-organisation will enable us to deploy and maintain SAP capabilities more effectively going forward.”?

What was the process used to select this vendor? Is it even valid if this new, small company without a long track record was awarded the contract?

What’s worse is that the head of IT, is a FT. It was his decision to outsource and ‘reorganize’ causing many people to lose their jobs. Will the retrenched workers be replaced by ‘cheaper and more efficient’ foreign workers?"
 
That's the 'business-friendly environment' for you.

You can use the spare change in your wallet to start companies. ;)
 
i ve this very un settled feeling that maybe by changing into a pte $10 company, they shall start charging everyone tv/radio license fees annually again. only this time, it might be even more expensive!
 
Long term, long lasting, long maintenance guarantee...if you believe the bullshit...like swimming across the causeway by MAS.:D

Too many fake scholars whom they need to eject and create jobs for as new ones come along. It would scandalous if they were to confess they did nothing at work but took lots of taxpayers' monies.
 
Quote:

What’s worse is that the head of IT, is a FT. It was his decision to outsource and ‘reorganize’ causing many people to lose their jobs. Will the retrenched Singaporean workers be replaced by ‘cheaper and more efficient’ foreign workers?


"Almost the entire SAP application team was axed. About 30% were made redundant on the spot. The rest were given a timeline of 3 to 6 months to perform transition to the new vendor before they completely exit."

Will they all be replaced by 'cheaper and more efficient' foreign workers?
 
When the MNC I was working for decided to go with SAP they spent about $60+ million on the project. They had a crowd of FTs based in Spore for about a year to study the companies needs. Funny thing was that even with SAP people still had to rely on the old system to find some of the information:D

Have to wonder what resources media corp has to track that they need to spend millions:confused:
It's not like business is booming. If they stopped doing whatever they do I doubt anyone would notice.
 
When the MNC I was working for decided to go with SAP they spent about $60+ million on the project. They had a crowd of FTs based in Spore for about a year to study the companies needs. Funny thing was that even with SAP people still had to rely on the old system to find some of the information:D

Have to wonder what resources media corp has to track that they need to spend millions:confused:
It's not like business is booming. If they stopped doing whatever they do I doubt anyone would notice.


hi there


1. aiyoh!
2. sap though very expensive.
3. may not offer the besterest solution to all biz matters hoh:D
 
hi there


1. aiyoh!
2. sap though very expensive.
3. may not offer the besterest solution to all biz matters hoh:D


SAP is not very flexible . If it is not set up properly it can be a pain to get useful reports.
I had problems working with our Malaysian business partners because they were also using SAP:eek: Whenever I asked them for information, they couldn't provide it because of the limitations of their SAP system:D
 
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