HANOI : Taiwan's Pou Chen Corp, the world's largest manufacturer of branded sports footwear, plans to cut around 6,000 jobs at its Ho Chi Minh City factory in Vietnam in several phases this year due to weak demand, two local officials familiar with the company's plans said on Tuesday. The firm's Pouyuen V
HANOI : Taiwan's Pou Chen Corp, the world's largest manufacturer of branded sports footwear, plans to cut around 6,000 jobs at its Ho Chi Minh City factory in Vietnam in several phases this year due to weak demand, two local officials familiar with the company's plans said on Tuesday.
Pou Chen did not immediately respond to a request for comment and telephone calls to a factory labour union official were not answered. The plan to cut jobs marks a reversal for the company that in 2021 faced labour shortage and manufacturing disruption in Vietnam due to the coronavirus pandemic.
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