Citigroup is shedding about 53,000 more employees in the coming quarters as the banking giant struggles to steady itself after suffering massive losses from deteriorating debt. 18,000 additional compare to 35,000 which they announced last week.
Is Malaysia recession-proof? Don't be too happy too quickly. A Chinese newspaper said it already started in the manufacturing, 10%-20% jobs cut.
3 comments:
Maybe we should be govt servants. That one is kinda recession proof. Joining hospitals would be fun since many bloggers are there too?
I don't think Malaysia is recession proof... just that the story has been covered ... :-p
Malaysia is definitely not recession proof ... that is why I am sticking to my government job for now
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