Wow....economy downturn really hit Penang hard....many factories are cutting down it's employee size and there's a lot of retrentchment and VSS going around. What a bad timing given that it's only 1+ weeks away from Chinese New Year :( Now the Penang State government has stepped in to help those affected by the retrenchment. Haizzzz...
The Edge 14th Jan 2009:
The Penang state government has activated the employment and retraining mechanism with an initial allocation of RM10 million to spearhead efforts to help retrenched workers regain employment.
Chief Minister Lim Guan Eng chairs the special committee, with InvestPenang Bhd executive committee chairman Datuk Lee Kah Choon as its works commissioner, assisted by InvestPenang general manager Wan Zailena Noordin.
Lim said Penang would be the first state in the country to initiate the mechanism in preparation for possible retrenchments during the current economic downturn.
He said the committee would coordinate with the industries to garner feedback on the situation.
“We do not want to wait until people come to us looking for jobs. Instead, we will work with the industries to find out first-hand if there are going to be any layoffs and then take the appropriates steps,” Lim said.
“Massive layoffs may not happen, but we are not going to wait till it happens before acting.
“We want to ensure every level of employment, be it professionals or labourers, are able to seek re-employment or be retrained so they can find other jobs,” Lim said at a press conference attended by Lee, and deputy chief ministers Mohd Fairuz Khairudin and P Ramasamy.
Chief Minister Lim Guan Eng chairs the special committee, with InvestPenang Bhd executive committee chairman Datuk Lee Kah Choon as its works commissioner, assisted by InvestPenang general manager Wan Zailena Noordin.
Lim said Penang would be the first state in the country to initiate the mechanism in preparation for possible retrenchments during the current economic downturn.
He said the committee would coordinate with the industries to garner feedback on the situation.
“We do not want to wait until people come to us looking for jobs. Instead, we will work with the industries to find out first-hand if there are going to be any layoffs and then take the appropriates steps,” Lim said.
“Massive layoffs may not happen, but we are not going to wait till it happens before acting.
“We want to ensure every level of employment, be it professionals or labourers, are able to seek re-employment or be retrained so they can find other jobs,” Lim said at a press conference attended by Lee, and deputy chief ministers Mohd Fairuz Khairudin and P Ramasamy.
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