i had a chat with my previous boss. he’s working in one of the factories in prai area. the current economy slowdown hits us quite bad, at least in penang. here’s our conversation this morning:
(9:07:11 AM) taisuan: how r u doing?
(9:07:37 AM) cheran_lee: so so only
(9:07:50 AM) cheran_lee: the factory is hitting a bad patch
(9:09:00 AM) taisuan: shit… but orders are consistent… even in small volume?
(9:09:35 AM) cheran_lee: orders received are 20% of actual volume
(9:09:55 AM) cheran_lee: so we are taking shutdown like 2 -3 weeks per month
(9:10:02 AM) cheran_lee: for nov and dec
(9:10:31 AM) cheran_lee: i will be looking for jobs soon
(9:10:59 AM) taisuan: holy shit…
(9:11:21 AM) cheran_lee: if jan 2009 order shows sign of improvement then i may consider to stay
(9:11:34 AM) taisuan: damn…. u r in prai now or in taiping?
(9:11:44 AM) cheran_lee: else i will be out on the street selling backside
(9:11:52 AM) cheran_lee: now in prai
(9:11:53 AM) taisuan: shit…. tough man…
(9:11:58 AM) cheran_lee: yeah
(9:12:03 AM) cheran_lee: wha to do
(9:12:16 AM) taisuan: but does this happen to most factories?
(9:12:24 AM) cheran_lee: i hv my staff to think also
(9:12:41 AM) cheran_lee: i know that AMD is letting go 500 staff
(9:13:33 AM) taisuan: shit…. 500 staff is a lot… what we are seeing here is that, the streest will have 500 people more idling… may even cause social problems…
(9:13:54 AM) cheran_lee: major economic meltdown
(9:14:12 AM) cheran_lee: US is starting to lay off workers
(9:14:17 AM) taisuan: but what industry won’t kena affected?
(9:14:25 AM) cheran_lee: medical
(9:14:44 AM) cheran_lee: least affected
(9:15:06 AM) cheran_lee: so u are indirectly safe
(9:15:22 AM) taisuan: aiyo….
(9:15:39 AM) taisuan: if u were to find jobs, what will u find since most factories also kena teruk?
(9:15:51 AM) cheran_lee: spansion is having shtdown today
(9:16:21 AM) cheran_lee: rbert bosch is gong to excercise VSS
(9:16:57 AM) cheran_lee: Flextronics 4 days week for Month Nov and Dec.
AMD Penang announced this morning VSS lay off 500 employees.
Spansion force to take leave (5 days in this quarter)
Jabil planned shunt down from Dec 24 to Jan 4, will be 6 days leave.
Agilent planned shunt down from Dec 24 to Jan 4, will be 6 days leave.
(9:17:19 AM) taisuan: FUCK!
(9:17:23 AM) cheran_lee: all bad news are coing in
(9:17:36 AM) cheran_lee: you can say that again
(9:18:38 AM) taisuan: total meltdown
(9:19:16 AM) taisuan: but agilent one is yearly affair one, right?
(9:19:28 AM) cheran_lee: heard that intel is having cost cutting measure tightly implemented
(9:20:21 AM) taisuan: wah….
(9:20:32 AM) taisuan: but… if u were to find jobs, what job will it be?
(9:20:48 AM) cheran_lee: selling asshole
(9:21:03 AM) cheran_lee: dont know
(9:21:06 AM) cheran_lee: too old
(9:21:22 AM) cheran_lee: nobody wants an old IT manager anymore
(9:22:32 AM) taisuan:
11 responses so far ↓
fleaman // Nov 10, 2008 at 10:31 pm
why u chat wth a rich man.. when he spends most of his time on the golf course by 4pm! whoaaaaa….
yeah.. economy is slowing down.. but i guess its a good thing for us…! n be prepare for the boom …coming soon.. say 2010!
taisuan // Nov 10, 2008 at 10:41 pm
huh? boom? going to cover only in 2010? kekeke
schizzow // Nov 10, 2008 at 11:04 pm
i finally kam guan get my ass to sign up a wordpress account to reply here d
always wanna reply but lazy mau sign up paiseh
hahahahaha
btw
schizzow // Nov 10, 2008 at 11:04 pm
http://userserve-ak.last.fm/serve/252/8402223.jpg
taisuan // Nov 10, 2008 at 11:11 pm
hello schizzow…. long time no see liao… how r u man? hehehe…
wah… that guy hensem loh… hehehe… glow in the dark! kekeke
schizzow // Nov 11, 2008 at 5:14 pm
hahaha im fine. ya la so long never see liao.
i met ah hui a few times ady though hahaha
eh eh who’s the joanne girl who sing the love bubble tea wan
nyek nyek
Metal // Nov 11, 2008 at 8:08 pm
It’s really a slowdown in economy..however not the worst situation yet….factories would carry a few ways to prepare for the crisis…so there may be expected of cut of OT, no salary increment, shutdown and so on….and it impacts worldwide…because if a company ABC will have soft orders demand, that means procurement site will have low orders from supplier…so suppliers will be impacted too…
taisuan // Nov 12, 2008 at 11:17 am
schizzow… that joanne girl ah? hehehe… u gotta ask our michael lee… kekeke
beh // Nov 12, 2008 at 9:30 pm
Be prepare worst hit to come—>next year 2009
schizzow // Nov 16, 2008 at 12:38 am
lol no wonder ah hooi everynight go out drink til happy happy to not think about the problemssss hahahahaha
ooooh. uncle michael’s property lai ah. hohoho.
taisuan // Nov 16, 2008 at 12:53 am
schizzow…. time has changed… michael has moved forward… hehehe… u should see him man… he’s now a power perfomer in alor setar… kekeke
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