http://www.theindependent.sg/inchcape-brings-expatriates-kicks-out-locals/
Guess what? Singapore business was the best performing market by a mile compared to the rest of Inchcape including the European businesses in terms of sales growth. The worst was HK and China which dipped badly. HQ management for reasons best known to them decided to ask Singapore to cut down on costs including undertaking of staff retrenchment to prop up the HK and China markets. The Singapore management team refused. This led to a showdown. Credit to the Singapore CEO and team for standing firm. Inchcape had little choice but to fly in managers from HQ. They have engaged haedhunters to look for a local replacement.
In the meantime, the Hong Konger arsehole is still holding his post despite his performance. The shameless guy he is.
Guess what? Singapore business was the best performing market by a mile compared to the rest of Inchcape including the European businesses in terms of sales growth. The worst was HK and China which dipped badly. HQ management for reasons best known to them decided to ask Singapore to cut down on costs including undertaking of staff retrenchment to prop up the HK and China markets. The Singapore management team refused. This led to a showdown. Credit to the Singapore CEO and team for standing firm. Inchcape had little choice but to fly in managers from HQ. They have engaged haedhunters to look for a local replacement.
In the meantime, the Hong Konger arsehole is still holding his post despite his performance. The shameless guy he is.