Global Economy Crisis : Bad Time for Penang Factories

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Got this from one of my forwarded mail .. I wonder when will my company announce anything such as vss or force leave and hopefully not announcing the worst of all (shutdown).

P/S: How true is this info, I'm not sure and it is just for info.

Flextronics 4 days week for Month Nov and Dec.

AMD Penang announced this morning VSS lay off 500 employees.

Spansion force to take leave (5 days in this quarter)

Jabil planned shut down from Dec 24 to Jan 4, will be 6 days leave.

Agilent planned shut down from Dec 24 to Jan 4, will be 6 days leave. Jan09 might have another shutdown. No increment 2008 review.

Avago no plan shutdown as no more in house production, hiring freeze.

ASE shut down every fortnightly on Monday starting from Nov 3.

Fairchild planned ‘Mass Vacation’ for 9 days leave in FY08 INTEL – No increment 2008 review, VSS for those under perform and massive cut cost/travel 2009, no shutdown plan yet

Motorola, Penang- Still hiring+profit, suspect got government ‘look after’, Singapore cellphone plant cut 800 job and now waiting for sale.

Siltera, kulim – Propose close down this Malaysian 1st Fab company, loss RM4billion in 2008

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