Panasonic retrenches 130 people.
In its latest round of layoffs, Japanese electronics company Panasonic began handing out retrenchment notices at its Ang Mo Kio plant.
In total, 130 staff at Panasonic Semiconductor Asia will be laid off, according to executive secretary of the United Workers of Electronics and Electrical Industries Halimah Yacob. While the bulk are rank-and-file workers, 30 are from the ranks of professionals, managers, executives and technicians. About 50 are foreigners.
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