Business owners plan to cut jobs, overheads after lockdown

Bernard Saw

The SME sector is braced for hard times following the announcement of a strict lockdown effective tomorrow for two weeks. – The Malaysian Insight file pic, May 31, 2021.

FOUR in 10 small-and-medium enterprises (SMEs) will suffer financial difficulties as a result of the latest lockdown and plan to cut jobs in order to reduce expenses.

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  • Most of those vocal on these issues are the towkays who are only concerned with their profits. These are empty threats made to somehow coerce the government to bail them out. Focus should be on the hopelessly poor and no one else. These SMEs will moan and groan and at the end will pick up the pieces and carry on as if nothing happened.

    Posted 2 years ago by Simple Sulaiman