Taiwanese company axes 10,000 workers in Vietnam before Tet

04-Feb-2019 Intellasia | Taiwan News | 6:00 AM Print This Post

Taiwanese textile company fires 10,000 workers in Vietnam before Lunar New Year

A Taiwanese textile company has laid off over 10,000 workers at its plant in southern Vietnam, just days before the Lunar New Year, reported VnExpress.

A Taiwanese-owned firm identified by VnExpress as My Phong Textile company announced that it would lay off 10,142 workers on Tuesday (January 29). The mass layoff of employees comes at a sensitive time as it is just days away from Tet, Vietnam’s version of the Lunar New Year, the biggest holiday in the country.

VnExpress cited a company spokesperson as saying that the massive cut in staff was due to the fact that its main US partner, which accounts for 70 percent of its contracts, had declared bankruptcy. The, company, which is located in Tra Vinh Province, specialises in making leather shoes for the export market.

Government officials have been dispatched to speak with management to ensure that the workers’ rights are protected. The company said that it will pay the January and February salaries for the workers in full, and will also include holiday bonuses and unemployment benefits based on labour laws and to “ensure they are able to go home and celebrate Tet.”

The firm also stated that will retain 600 female workers who are pregnant or currently taking maternity leave.

The labour union for the province is working seeking to help the unemployed workers in finding new work after Tet by coordinating with vocational centre and local firms.



Category: Taiwan

Print This Post