Laugh it out..?

May 11
Feeling
Four months after my company's buyover a rival company, today's teh retrenchment "exercise" as circulated in an email memo by our HRD.

While, news of the retrenchment already started spreading week sbeofre..
Can't believe that i will be going thru a "BIG OVERSEAS" company retrenchment exercise on my first job since graduation.

Is that gonna be some big Hoo-haa about it??
Afterall, how many people get to be in a company where retrenchment exercise takes place? especially when now its not during the down-turn of our "oh-so-robust" economy, where wage increments are even in plans by the NWC....

Many peopoel wished they would be the one retrenched. as some of my auntie-colleagues put it on the eve of retrenchment...
"Hope i Kena TOTO tmrw"
wait a minute... thrus got TOTO meh??
they were referring to retrenchment letter.
i.e. for those who worked for donkey years, imagine they are paid 1.5 of their monthly drawn income for every year of service they held with the "Company"!
lets do some maths here...

lets say u worked for 10 yrs, which "surprisingly" was quite common among most staffs there,
and ur gross pay is say avg 1.5k (lets just take clerical staff only...)
so if u kena the letter,
Your TOTO price will be 1.5 X 10 X 1.5 = 22,5oo.00 (Twenty Two Thousand OVER)!

Isnt that the same as striking TOTO???
Imagine you are on the executive position...
or even managerial level?? Its like strikin gthe ANG BAO TOTO??!!!!

when people were slowly called up to HRD in the morning, many senior staffs "strike" the TOTO... One was my former boss, which was rather sad for some of us, though we would kinda expect it...he's being with teh bank for over 20 years, and worked his way up... brught about note-worthy changes to his previous dept...

Well, it was not a teary event, just some surprises and well-wishing... infact, it wasnt a really major retrenchment... politically correct grammar to us woule be a "stramlining" of operations staffing.

My current Dept wasn't affected at all, Since they were already very short-handed (the reason for me being transferred ) and in Chaos since Day 1 of the merger.

Sigh...
Though now i can really understand what the importance of "Job security" holds in our textbooks back during those schooling days...

I missed School...
I missed the the life as an under-grad....

I issed those times...
Missed those communal hall-living...
If I could asked genie to turn back time, it would be the year June 2001 - June 2004