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TAIWAN PC MAKER MITAC INTERNATIONAL LAYS OFF 150 EMPLOYEES.
AsiaPulse News
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July 02, 2001 |
COPYRIGHT 2001 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
HSINCHU, July 2 Asia Pulse - Affected by market stagnation, Mitac International Corp., one of Taiwan's largest PC makers, laid off 150 employees without warning Friday.
A Mitac official said that the layoff is expected to save the company NT$150 million (US$4.36 million) a year and added that in addition to pay the workers severance payment in accordance with the Labor Standards Law, the company will also offer them Information Technology job training courses or provide information for other job opportunities.
Of the 150 employees dismissed -- 10 ...
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Source: HighBeam Research, TAIWAN PC MAKER MITAC INTERNATIONAL LAYS OFF 150 EMPLOYEES.