Iraq Bulletin

Tag : workforce

Business

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

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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......