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 [...]

STATS ChipPAC to axe 1,600 jobs

It blames drop in global demand for semiconductors
(SINGAPORE) STATS ChipPAC is axing 1,600 jobs, or 12 per cent of its global workforce, the company said yesterday after market close.
The semiconductor test and packaging firm is headquartered in Singapore and has operations in 10 countries. It did not say how many jobs would be lost here [...]