Friday, August 28, 2009

Job in Crisis?

Today our CEO, Mr Khaw told us that our company will be bought over Spice Innovation Technologies Private Limited (SPICE). Around a week or 10 days, a new CEO will take over the company. Haiz new management sure got restructuring and heads will roll. CEO and CFO already on the list. My CEO sure song song kao Joo Koon, he got 19,362,492 shares and SPICE is offering $0.30 per share. If i'm not wrong, he would get $5,808,747.6 that's alot $$$ to me maybe not to him.

It seem like the new CEO is an Indian and there is speculation that my department could be move to india. Really GG. Well time to look for a new job.