Showing posts with label job layoff. Show all posts
Showing posts with label job layoff. Show all posts

Friday, January 30, 2009

Panasonic Malaysia - close plant

Panasonic is the latest among other electronics companies in Malaysia to close down two of their plants in Malacca and Selangor with around 490 job cuts. The EE sector in Penang may be facing the highest risk of unemployment increases. According to the Malaysian Employers Federation, 10,000 jobs had been lost in Malaysia

Friday, January 23, 2009

Intel shedding up to 6,000 jobs

Intel is closing five plants in the US and Asia, with the loss of between 5,000 and 6,000 jobs, as it responds to falling computer sales.
The facilities to close are its factory in Santa Clara, California - its last in Silicon Valley - and sister sites in Oregon, Malaysia and the Philippines.

more news:
http://www.btimes.com.my/Current_News/BTIMES/articles/chippsf/Article/index_html
http://news.bbc.co.uk/1/hi/business/7844232.stm

It looks like we are having more difficult time ahead. More and more layoff news will be expected.