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Tag : job cuts

Business

Vietnam shoemaker PouYuen to lay off 6,000 workers amid plummeting demand

admin
One of Vietnam’s leading shoe manufacturers, catering to brands like Nike Inc and Adidas AG, announced plans to lay off thousands of employees due to a significant drop in orders. PouYuen Vietnam Co, a subsidiary of Taiwan-based Pou Chen Corp, is set to let go of nearly 6,000 workers with......
Business

There will be about 6,650 job cuts at Dell

Editor
Bloomberg News reported on Monday that Dell Technologies would eliminate about 6,650 jobs, or about 5% of its global workforce. This is as a result of the falling demand for personal computers. The company is experiencing market conditions that “continue to deteriorate with an uncertain future,” co-Chief Operating Officer Jeff......