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#1
27-07-2014, 04:40 AM
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Singtel's australia business is failing but it is singaporeans that have to pay!
An honorable member of the Coffee Shop Has Just Posted the Following:
SINGTEL'S AUSTRALIA BUSINESS IS FAILING BUT IT IS SINGAPOREANS THAT HAVE TO PAY! .node-article .field-name-ad-box-in-article {float: left;margin: 15px 15px 10px 0;}.node-article .field-tags{clear: both;} Post date: 26 Jul 2014 - 1:44pm  Dear TRS, I have a friend who is working in Optus, one of Australia's biggest Telcos which is fully owned by Singapore's SingTel. She shared with me that many of her colleagues and people working in Optus are being sent to work for SingTel in Singapore. What worries me is why is SingTel sourcing staff from Optus Australia and not hiring Singaporeans for the jobs in Singapore? Since the salaries are high in Australia, it doesn't make sense to assume that these FTs are "cheaper" than locals. I am sure they are getting attractive pay packages otherwise why would the Australians move to Singapore? From what my friend understands, it's actually got a little bit to do with the Australian labour laws that protect their workers. Optus is not doing too well and they had been downsizing their staff since last year. But because of Australian labour laws, it's hard for the company to just fire lots of staff. So, to get around this, SingTel-Optus just moved their staff to Singapore because SingTel was doing well. In the end, it seems that Singaporeans are losing out because of SingTel's failed investments overseas. SingTel is the one balancing the books for Optus to keep Optus doing well and absorbing their workers. Since SingTel enjoys a huge section of the market here, they are able to make big profits at the expense of Singaporeans and on top of Singaporeans paying high prices, it seems that even more of our potential jobs are going to FTs that get paid just as well, if not better, than locals would! Why do Singaporeans need to get dragged down thanks to SingTel's failing investments overseas? Angela TRS Contributor Click here to view the whole thread at www.sammyboy.com. 
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