Error
  • JUser::_load: Unable to load user with id: 67

Featured Articles

Apple announces its Apple Watch

Apple announces its Apple Watch

Apple has finally unveiled its eagerly awaited smartwatch and surprisingly it has dropped the "i" from the brand, calling it simply…

More...
Skylake 14nm announced

Skylake 14nm announced

Kirk B. Skaugen, Senior Vice President General Manager, PC Client Group has showcased Skylake, Intel’s second generation 14nm architecture.

More...
Apple officially announces 4.7-inch iPhone 6 and 5.5-inch iPhone 6 Plus

Apple officially announces 4.7-inch iPhone 6 and 5.5-inch iPhone 6 Plus

The day has finally come and it appears that most rumors were actually spot on as Apple has now officially unveiled…

More...
CEO: Intel on target for 40m tablets

CEO: Intel on target for 40m tablets

Intel CEO Brian Krzanich just kicked off the IDF 2014 keynote and it started with a phone avatar, some Katy Perry…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 28 November 2008 11:47

TSMC and UMC looking into cost cutting schemes

Written by

Image

Layoffs, unpaid leave, four day work week


Silicone heavyweights
TSMC and UMC are reportedly considering several plans to trim operating costs, ranging from plain layoffs to reorganizing schemes.

According to Xinhua Finance, TSMC is trying to reduce expenses by 20 percent. It will either lay off a number of employees, or force them to take unpaid leave. UMC has already told sme of its workers that under a new work schedule they'll work just four days in a week. It plans to reduce operating costs by 15 to 20 percent.

TSMC says it's considering a number of solutions to reduce costs, although it's not going into detail. UMC claims it has no plance to encourage workers to take unpaid leave, at least not this year.

More here.

Last modified on Friday, 28 November 2008 12:07

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments