Saturday, December 27, 2008

Sharp layoffs, Fairchild layoffs


Sharp will shut down part of the LCD panel production line and lay off 380 peoplefrom:
use Translate (most links are in Chinese) http://projector.it365.com/60/8635560.shtmlSharp announced today that the company would close part of the LCD panel production line in its two plants. Sharp, executive vice president Yoshiaki Ibuchi said the company would lay off 380 temporary workers in its three factories, whereas the official employees would have another resettlement.
Fairchild will lay off 1,100 employees account for 12% of the total numberfrom:
use Translate (most links are in Chinese) http://it.hexun.com/2008-12-13/112337201.htmlAccording to foreign media reports, Fairchild (Fairchild Semiconductor) said Friday that the company would lay off 1,100 employees to cut expenses, or about 12% of the total number of employees. Fairchild said the layoff plan could bring 12 million to 16 million US dollars annual expenditure in the fourth quarter and the first quarter of next year, but it would be expected to save 33 million U.S. dollars totally.

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