Are You On The "Unwanted" List?

Here's some startling facts and figures which I have gathered from some local publications. According to Bernama, companies operating in Malaysia had retrenched 14,484 workers between October 2008 and January 2009, of which 4,207 workers left their jobs under a voluntary separation scheme (VSS)!

Looking ahead, the Manpower Department anticipates some 100,000 people in Malaysia to be retrenched by April! Singapore, on the other hand, was prepared to retrench all its 300,000 foreign workers, of which 200,000 are Malaysians.

To hit the final nail, the Deputy Prime Minister of Malaysia has also hinted that the Government may have to reduce further the country's GDP forecast for 2009, which currently stands at 3.5%!

Some analysts are predicting that Malaysia will fall into recession this year. What's your thought?

Whatever it is, be prepared but do keep this in mind at the same time.....When there are CRISIS, there are OPPORTUNITIES!