Taiwan – Mass layoffs reach highest in 4 years

Fifty Taipei companies had announced mass layoffs by mid-August this year, the highest in four years, reported the city’s Labor Department yesterday.

According to the agency, “mass layoff” is defined by law as the letting-go of 20 workers in a single day or a third of a workforce within 60 days by a company with a size of 30 to 200 workers.

The layoffs affected 1,531 workers, who can go to the city government for information on jobs and job-training programs, the bureau said.

At the same time, for people who were laid off on an involuntary basis, they can get the city’s help to collect unemployment benefits, apply for pay subsidies and get information on continuing education programs.

The city also plans to hold large-scale job fairs to provide complete and comprehensive services to those out of a job, it said…

via Taipei firms’ mass layoffs reach highest in 4 years – The China Post.