Malaysian companies (may see up to 6.5% unemployment)
Sony - shutdown 25 Dec till 6th Jan 09 in their Bangi plant
San Disk - announced layoff 450-500 employees
Flextronics - 4 days week for Month Nov and Dec.
AMD Penang - announced this morning VSS layoff 500 employees.
Spansion - force to take leave (5 days in this quarter)
Jabil - planned shut down from Dec 24 to Jan 4, will be 6 days leave.
Agilent - planned shut down from Dec 24 to Jan 4, will be 6 days leave.
Jan 09 might have another shutdown. No increment 2008 review.
Avago - no plan shutdown as no more in house production, hiring freeze.
ASE - shut down every fortnightly on Monday starting from Nov 3.
Fairchild - planned forced 'Mass Vacation' for 9 days leave in Feb 08
INTEL - No increment 2008 review, VSS for those under perform
and massive cut cost/travel 2009, no shutdown plan yet
Motorola, Penang - Still hiring + profit, suspect got government 'look after',
Motorola Singapore Cellular hone plant closure.. cut 800 job and now waiting for buyer.
Siltera, Kulim - Propose close down this Malaysian 1st wafer fab company, loss RM4 billion in 2008
Malaysian Government expect Singapore plant shutdown
and job cuts affecting 300,000 Malaysian workers jobless
Globally the Financial sector will see 300,000 to
350,000 employees losing their job by mid 2009.
Citigroup already announced 53,000 job cuts on top of
the 22,000 announced earlier (Total 75,000)
ST-NXP Wireless cuts 500 jobs World-Wide,
including subcontractors, from the current total of more than 7500 people.
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