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COVID-19: Retrenchments

Albeniz

By Albeniz,
in Lite & EZ

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inlinesix

inlinesix

Hypersonic
On 11/17/2023 at 8:51 PM, Voodooman said:

Semicon?

On 11/17/2023 at 8:58 PM, Tohto said:

No.

https://www.oled-info.com/auo-may-close-down-its-afpd-oled-fab-singapore-it-focuses-microled-next-gen

“AU Optronics has a 4.5-Gen AMOLED production line in Singapore, active since around 2013. The AFPD line is a small-scale operation, and AUO never managed to expand its capacity and compete with large AMOLED producers.”

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bsswan

bsswan

6th Gear
On 11/22/2023 at 10:04 AM, Throttle2 said:

https://www.straitstimes.com/business/citigroup-cuts-over-300-senior-manager-roles-in-latest-restructuring
 

this thread title should be changed to jst Retrenchment / Unemployment

Or "Bank Sackings" cause it pretty much lacks others at this point 😏

Not that it makes me sad, more bankers gone is never a bad thing.

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Windwaver

Windwaver

Turbocharged
On 11/22/2023 at 3:33 PM, bsswan said:

Or "Bank Sackings" cause it pretty much lacks others at this point 😏

Not that it makes me sad, more bankers gone is never a bad thing.

It's very common for cuts in the banking sector be it published or not in papers for anybody's' banking career.

One of the bank I used to work for looks at employee headcount every 6 months, that's how often people get the boot.

That's why we call the sector 'cut-throat'.

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