Serious Inchape Fired Useless Sinkies, Hired Super Talented Expatriates to Grow Asian Market!

[Pinkieslut]

Useless Sinkies must be THIS CANNOT THAT CANNOT kind of employee, have long coffee break, take many sick leaves, WANT WORK LIFE BALANCE, GOT RESERVIST PLUS ball-less. Angmo the BestesT!

02/02/2017 Thu 09:41 in All markets by Aditi Sharma Kalra
After layoffs, Inchcape is reportedly moving expats to oversee Asian markets

After what was cited as “one of the largest downsizing exercises to hit the local motor industry” in Singapore, vehicle distributor Inchcape was reported to lay off an estimated 120 staff from Toyota agent Borneo Motors and Suzuki agent Champion Motors early this year.

Now, The Straits Times reports that Inchcape is “moving senior managers from its London head office to fill regional roles here.” The Straits Times understands that two will arrive in the coming weeks to oversee the Asian markets. More may follow.

In a statement to Human Resources, an Inchcape spokesperson said: “We are reorganising the business with a re-alignment of roles and functions so that we can become more agile and effective in responding to the needs of the market and our customers now and in future years.

“Unfortunately, not all roles and functions could be accommodated under this new structure.”

The spokesperson confirmed that Inchcape has no plans for a second round of redundancies.

At the same time, The Straits Times report adds Melvin Low, director of after-sales at Borneo Motors, is serving his three-month notice, to be succeeded by business development director Yeow Ing Hwa. His move follows Inchcape’s decision to close its Sin Ming Avenue workshop, the only one serving the island’s north-east.

As part of the retrenchment exercise, the after-sales headcount will contract by around 13%, according to The Straits Times.

 

[fupikee]

Re: Inchape Fired Useless Sinkies, Hired Super Talented Expatriates to Grow Asian Mar

Just make no financial sense neh....retrench local staff each at average say, $3000, but ang mo come in with expatriate salary packages - free accommodation (rental minimum $5,000 a month = $60,000) a year, car transportation (at least $150,000 upfront and ang mo do not like to drive second hand), overseas hardship & forex allowance adjustment (at least $2,000 per month), salary of $15,000 and above per month, Singapore income tax allowance at least $10,000 a year....etc, etc.

These ang mo just want to leech and spend the free money accumulated and provided by the Singapore office all these years.....the wonder is why the management did such a decision.....some crony, crony deal, must be......masok, masok.....

 

[syed putra]

Re: Inchape Fired Useless Sinkies, Hired Super Talented Expatriates to Grow Asian Mar

Inchcape has always been western in its management structure including its shipping.

 

[fupikee]

Re: Inchape Fired Useless Sinkies, Hired Super Talented Expatriates to Grow Asian Mar

Inchcape has always been western in its management structure including its shipping.

Everywhere..... The west is in retreat....they have exhausted the riches robbed during colonial days from China, India, Africa, Latin and South America....they are now are at the very end of their resources....artificially propping up their economies through endless QEs...

To ape the west is madness...will only follow them to the route towards ruin and poverty....so how????

Singapore is supposed to have $170B reserves???? Still there???:p