Employees from the state-owned Taiwan Motor Transport Co (
More than 1,000 employees may lose their jobs when the company is privatized at the end of June. Of the 1,500 or so employees who registered for transferring to other government agencies, only a few dozen have actually been transferred so far.
The company's labor union yesterday vowed to pitch camps in front of the Ministry of Transportation and Communications, which oversees the company, and start a fight if the workers do not get the transfers. The ministry is facing difficulties trying to find vacancies for the soon-to-be-laid-off workers due to the government's personnel streamlining program.
Last Month, the transportation ministry ruled out any postponement of the company's privatization, saying that the bus services on 94 of the 168 routes now run by Taiwan Motor will be taken over by a new company made up of some of its current employees.
Currently, only 1,007 out of Taiwan Motor's 3,000-plus workforce have agreed to create the new firm by chipping in NT$300,000 per person.
NEW MARKET: The partnership opens up India to the Dutch company, which already has a strong hold in the semiconductor market of South Korea, Taiwan and China ASML Holding NV entered into a partnership agreement with Tata Electronics Pvt Ltd aimed at ramping up India’s goal to develop domestic chip-manufacturing capabilities. The Dutch company’s technology would help power Tata Electronics’ planned 300 millimeter (mm) semiconductor foundry in Gujarat, according to a joint statement from the two companies on Saturday. The signing of a memorandum of understanding coincides with a visit by Indian Prime Minister Narendra Modi to the Netherlands, which is looking to deepen bilateral relations with New Delhi. ASML, whose top customers include Taiwan Semiconductor Manufacturing Co (台積電) and Samsung Electronics Co, makes lithography machines that can print
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The Hsinchu County Government’s Labor Affairs Department yesterday said that it has received a plan from cosmetics brand Taiwan Shiseido Co (台灣資生堂) detailing mass layoffs at its plant in Hukou Township (湖口). While the labor authorities did not disclose the number of employees to be laid off, Japanese news media earlier in the day reported that the closure of the company’s factory in Hukou would result in 170 employees losing their jobs. Shiseido followed the law by reporting its layoff plan, the department said, adding that authorities would closely monitor negotiations between the management and affected employees and step in if any
Hon Hai Precision Industry Co (鴻海精密) on Tuesday confirmed a cyberattack targeting some of its North American facilities, but said the affected factories were gradually returning to normal. The company, known globally as Foxconn Technology Group (富士康科技集團), said that its cybersecurity team “activated the response mechanism and implemented operational measures to ensure the continuity of production and delivery.” “The affected factories are resuming normal production,” the company said in a statement. Hon Hai had previously described it as a “technical issue,” when news of the cyberattack first surfaced. The confirmation followed media reports of a large-scale information technology system incident that broke out at