Labour chief slams DBS Bank

I think somebody's been reading my blog. HAHAHAH. I wonder if it was a choke slam or what. :P

"LABOUR chief Lim Swee Say on Friday slammed DBS Bank for failing to consult its staff union on retrenching its workers or exploring other cost-cutting measures first. 'We are disappointed by the sudden decision,' he told The Straits Times when asked for his views on the DBS layoffs. 'There was no prior consultation with the DBS Staff Union. There was no exploration with the union on other cost reduction alternatives,' he said in an email reply on Friday. Mr Lim, an advisor to the DBS staff union, said this lack of communication has weakened the trust between the bank's management and union."

Not mincing his words, he added: 'It is regretable because trust takes a long time to build but a short time to destroy.'