A friend of mine was recently asked to leave his position as IT Manager. He later found out that he was replaced by an Indian "FT" who is taking less than half of what he is taking. He is 48 this year and despite his experience, he still has not found a job yet. Now, he is contemplating to drive a taxi.......
In Europe (and most part of the world), there are law that prevent this. In Singapore, the employer just have to say "Sorry, you have to go. We are restructuring. Here's your retrenchment benefit (2 freaking month's pay for 8 years of service???)
Now that is how "FT" can "help" Singapore...........
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