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Survey: 15 Per Cent Of Malaysians Retrenched Due To Pandemic, 58 Per Cent Are Looking For A New Job

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Survey: 15 Per Cent Of Malaysians Retrenched Due To Pandemic, 58 Per Cent Are Looking For A New Job

Malaysian employees are having a tough time.


We may not see it, but the COVID-19 pandemic has affected a lot of people.

Not only has it taken a toll on the economy, but also on a lot of workforces in the country.

In fact, the numbers are slightly more serious than initially thought.

Employees are taking a hit

According to the recent '2020 COVID-19 Labour Pulse Survey' survey, a lot of Malaysian workers have been affected by the pandemic.

The survey, quoted by The Star Online, revealed that 15 per cent of the 531 locally-based employees who took part in the study between 26 June and 5 July said they had been retrenched by their companies.

In fact, those who survive a retrenchment is actively looking for a new job, as more than half of the respondents (58 per cent, to be exact) are seeking a career change and better paying salaries in the next 12 months or so.

Malaysians are also looking into changing industries.
Out of the 58 per cent, 24 per cent of them said that they were looking for a change in career or industry, while 13 per cent said their skills and experience no longer met their current job requirements

Not only that, 26 per cent of respondents said they have taken a pay cut or a pay freeze, and 72 per cent were willing to take on professional contract or project-based jobs due to the current situation.

Hang in there, fellow Malaysians. We hope the state of the economy improves soon, and we could all have our livelihood back.

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