Retrenchment at UMC Singapore, Pasir Ris plant?

One of our readers just send us news that:
“UMC Pasir Ris has retrenched 20-30% Taiwanese engineers. The first round was in Jan/Feb period, with a company wide salary cut of 20%.
The second round was done last week, many will leave by mid April.”
“Most of the engineering staffs have to work very late and they are [...]

Marvell Semiconductor to close Penang plant, to lay off 300

Sources say employees were notified yesterday that the facility located in Bayan Lepas would cease operations by May 15.

PENANG is looking at yet another wave of layoffs from the manufacturing sector.
Business Times has learnt that Marvell Semiconductor Sdn Bhd is set to close its Penang factory and part ways with some 300 workers.
Sources said the [...]

Micron to cut 2,000 more jobs

BOISE (Idaho) – JUST two months after saying more local job cuts weren’t expected, computer chip maker Micron Technology Inc announced it will slash as many as 2,000 workers by the end of August and phase out certain manufacturing operations at its Boise, Idaho facility, amid the weak economy and lower demand for its DRAM [...]

Spansion axes 3,000 workers

SUNNYVALE (California) – TROUBLED flash memory maker Spansion Inc said late on Monday it will slash its global work force by 35 per cent, affecting about 3,000 employees, mostly at manufacturing sites.
The move comes as Spansion, one of the world’s largest makers of flash memory chips used in digital cameras and other gadgets, is cutting [...]

650 jobs axed at STATS ChipPAC?

SINGAPORE: Her night shift was over but Madam Marzna Sulaiman stood outside the STATS ChipPAC factory in Yishun for more than 45 minutes yesterday morning, waiting to have a last breakfast meeting with friends.
“I don’t know when I will next see them,” said the 55-year-old production auditor, who was one of 650 workers — both [...]

Panasonic staff in Singapore may be affected by firm’s plans to axe jobs worldwide

SINGAPORE: Panasonic staff in Singapore may be affected by the company’s plans to axe 15,000 jobs worldwide.
The consumer electronics maker says it will also close 27 plants, as part of restructuring measures to cope with the economic downturn.
It currently hires 7,000 people spread over six factories and five offices here.
The five offices handle the firm’s [...]

Qimonda to shut U.S. plant, 1,500 jobs go

* To shutter Virginia plant at cost of 1,500 jobs
* Company to be liquidated if no investor found (Adds quotes, background)
FRANKFURT, Feb 3 (Reuters) – Qimonda (QMNDQ.PK) will shut its only U.S. plant with the loss of around 1,500 jobs, the insolvent German memory chip maker said on Tuesday, adding it faced liquidation if it [...]

NEC and Toshiba seek mergers to survive

TOKYO (Reuters) – Toshiba Corp is in talks to merge part of its chip operations with NEC Corp’s semiconductor unit, a source said, as a sharp global slowdown forces Japanese chip makers to cut jobs and try to band together.
Chip makers worldwide are grappling with deep losses that deplete their cash base and hurt their [...]

Toshiba to close some Japan chip plants

TOKYO, Jan 28 (Reuters) – Toshiba Corp plans to shutter some assembly plants for system and discrete chips in Japan and instead expand output in Thailand and Malaysia and from outside suppliers, a newspaper said.
Toshiba, facing the worst-ever global slump in the chip industry, aims to slash production costs through the changes as it is [...]