Fri, Mar 31, 2006 - Page 12 News List

Tatung employees protest factory closure

SALARIES AT STAKE Workers at Tatung Co's Banciao factory are fearful that they will lose their jobs once the factory is relocated to Vietnam to cut production costs

By Jason Tan  /  STAFF REPORTER

"But we would like to urge big firms which do have to resort to layoffs to fulfill their social responsibilities and to offer these staff good compensation and pension packages," he said.

Shares of Tatung increased NT$0.15, or 2.09 percent, to close at NT$7.31 on the TAIEX yesterday.

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