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Taiwan
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 … Continue reading
Taiwan | Low pay means a brain drain
Low salaries are the main reason that Taiwan has failed to retain local talent and attract skilled foreign workers, Pan Shih-wei, deputy minister of the country’s Council of Labor Affairs, said Friday. Pan made the remarks in response to a comment by Singapore’s deputy prime minister, Tharman Shanmugaratnam, who recently singled Taiwan out as a … Continue reading
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