Flextronics Layoffs Job Cut: may fire 1400 Malaysia employees: Finance Trading Times

Flextronics Layoffs Job Cut: may fire 1400 Malaysia employees

The news is not good for the employees of Flextronics. The company is going for layoffs in Malaysia. The recession is taking a toll on all sectors and even the government sector is feeling the heat. The latest additon to the list of organization which may go for layoffs is the Flextronics. Flextronics Layoffs

How many employees may be fired in the Flextronics layoffs?
There could be around 1400 layoffs by the Flextronics in Malyasia.

What is the total no. of employees of Flextronics?
Total No. of employees of Flextronics is not known as of now.

Which locations will be affected by the Flextronics layoffs?
The assembly plant at Shah Alam, a suburb of the capital Kuala Lumpur.

When will the Flextronics layoffs happen?
THough there are no confirm dates about when the layoffs will be made, the layoffs if they happen, are learnt to be done gradually.

How much savings can be made by the company from the layoffs?
No details available about that.

What is the primary reasons for Flextronics layoffs?
Major reason is for cutting costs in the face of a slumping economy and decline in demand. Malaysia is also left back by the other low cost countries

Any other news about Flextronics layoffs
As per Reuters, There are other companies which have fired employees in Malaysia - they are Western Digital, Intel Corp & Panasonic. According to a ministry official, around 45,000 workers have been laid off in the electronics industry since the start of the year.
Let's hope that alternative jobs are available to the affected employees of Flextronics Layoffs Job Cut
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