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Retrenchment in Singapore 2012 to 2014


Albeniz
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Just read the following from Yahoo Finance news, 16Oct 2012:

 

"SAN FRANCISCO (Reuters) - Advanced Micro Devices Inc (AMD) could cut up to a fifth of its staff of nearly 12,000, following a warning from the chipmaker this week that its quarterly revenue would fall due to a weak global economy, a source familiar with the matter said on Friday...."

http://finance.yahoo.com/news/amd-plans-la...-195635559.html

Is the Singapore plant affected?

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Just read the following from Yahoo Finance news, 16Oct 2012:

 

"SAN FRANCISCO (Reuters) - Advanced Micro Devices Inc (AMD) could cut up to a fifth of its staff of nearly 12,000, following a warning from the chipmaker this week that its quarterly revenue would fall due to a weak global economy, a source familiar with the matter said on Friday...."

<a href="http://finance.yahoo.com/news/amd-plans-layoffs-recent-warning-195635559.html" target="_blank">http://finance.yahoo.com/news/amd-plans-la...-195635559.html

</a>

Is the Singapore plant affected?

Yes..semicon down since Q3.... More quarters to go...

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having entered the job market in 1999, every few years its recession, retrenchment, downturn without fail.

As certain as sunrise.

 

capitalism [rifle]

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having entered the job market in 1999, every few years its recession, retrenchment, downturn without fail.

As certain as sunrise.

 

capitalism [rifle]

 

Don't worry, we are in safe hands. Zorro will upturn the downturn.

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FWAH... the lyric is very meaningful.

Does anyone here have the complete wordings, I need it for inspiration.

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Sinagpore is obviously not affected by the world economy, just look at the ever increasing price of cars & housing.

Cheap interest, if the interest is 5% to 6 %, don't think people will buy and buy causing the property to go so high. When property is high people needed a car to go along. Ya when the interest started to go up will see how many people starting to throw out their investment.

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