UWEEI pushes for more Chartered workers to be sent for training
SINGAPORE: In response to Chartered Semiconductor’s announcement on Friday that it would cut 600 jobs worldwide, the United Workers of Electronic and Electrical Industries (UWEEI) said it was informed of the restructuring exercise by the company in early January.
This has allowed both the company and union sufficient time to discuss how best to help the [...]
Bulk of Chartered’s job cuts in Singapore (Update 1)
90 per cent of the around 600 job cuts announced on Friday by chipmaker Chartered Semiconductor Manufacturing will be in Singapore, chief executive Chia Song Hwee told in a telephone interview.
CNA reports:
Channel NewsAsia understands that about 540 workers in Singapore will be affected by the retrenchment exercise.
Chartered said it is currently working with the unions [...]
Chartered CEO: Chip Mkt Recovery Timing Uncertain
SINGAPORE (Dow Jones)–Continued uncertainty about when global economic conditions will improve leaves little visibility on when demand for chips will recover, Chartered Semiconductor Manufacturing Ltd (C27.SG) chief executive said Friday.
“I think right now is difficult for us to make a call on” the timing of the recovery, Chia Song Hwee said during an interview Dow [...]
Chartered Semi to cut 600 jobs after record quarterly loss (Update 2)
Update 1:
90 per cent of the around 600 job cuts announced on Friday by chipmaker Chartered Semiconductor Manufacturing will be in Singapore, chief executive Chia Song Hwee told BT in a telephone interview. Read More
Read: Bulk of Chartered’s job cuts in Singapore (Update 1)
Update 2:
The job cuts will be across all levels, ‘from manufacturing to [...]
Chartered Semiconductor eliminating contract positions
Chartered has halted overtime work, equivalent to trimming 1,000 workers, cut wages by as much as 20 percent and scaled back spending as the company posted its biggest loss in five quarters in the three months ended Sept. 30.
The chipmaker eliminated 273 contract positions this week, spokeswoman Tiffany Sparks said in an e-mail today. The [...]
