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Layoff wave
‘Curse of 35’ hits Vietnamese IT employees approaching middle age

‘Curse of 35’ hits Vietnamese IT employees approaching middle age

After a decade of working for a tech company, The Hoang in the central city of Da Nang was laid off in August as his IT company “was facing difficulties.”
Trauma of job loss in middle age

Trauma of job loss in middle age

HCMC garment firm slashes 1,900 jobs due to order shortage

HCMC garment firm slashes 1,900 jobs due to order shortage

Tech layoff wave spreads to Vietnam

Tech layoff wave spreads to Vietnam

Having worked for a large foreign technology corporation in Hanoi for more than five years, data analysis expert Le Thai Ha was shocked to get suddenly fired recently.
November 5, 2023 | 03:00 pm PT
Textile giant lays off 2,000 workers

Textile giant lays off 2,000 workers

Garmex Saigon Corporation has only 37 staff left by the end of the third quarter, after having laid off a total of 1,945 workers this year.
October 29, 2023 | 12:29 am PT
Middle-aged laid-off workers back home or in 'constant migration'

Middle-aged laid-off workers back home or in 'constant migration'

Many middle-aged laid-off city factory workers have settled back into their hometowns, while others have migrated back to urban areas after finding it hard to make ends meet back home.
September 19, 2023 | 04:14 pm PT
Older workers fear targeted for layoffs

Older workers fear targeted for layoffs

Vo Thi Thuy, 40, has survived four consecutive layoffs at Taiwanese shoemaker Pou Yuen, the largest employer in Ho Chi Minh City, and she's more worried than ever she could be let go.
September 6, 2023 | 08:32 pm PT
Layoffs hit textile-garment workers hardest

Layoffs hit textile-garment workers hardest

Textile and garment workers make up most workers discharged in the first five months of the year due to difficult economic conditions.
June 5, 2023 | 02:30 am PT
Policies needed to mitigate mass worker layoffs as export orders remain elusive: experts

Policies needed to mitigate mass worker layoffs as export orders remain elusive: experts

New policies to support businesses, create jobs and promote the domestic market are needed to stop the mass layoffs amid the drying up of export orders, experts said.
March 13, 2023 | 05:31 am PT
Taiwanese shoemaker announces $11.5M severance pay for 2,300 workers as orders dry up

Taiwanese shoemaker announces $11.5M severance pay for 2,300 workers as orders dry up

Pou Yuen, which makes shoes for Nike and Adidas, announced Saturday a VND275-billion (US$11.56 million) severance package for 2,358 workers due to be laid off next month.
February 24, 2023 | 08:30 pm PT
Labor federation to pay furloughed workers stipend as export slump takes toll

Labor federation to pay furloughed workers stipend as export slump takes toll

Workers losing their jobs between October last year and March 2023 will receive a stipend of VND1-3 million (US$42.66-128) from the Vietnam General Confederation of Labor.
January 16, 2023 | 07:03 pm PT
Unable to afford trips home, unemployed worker scrape by in Binh Duong for Tet

Unable to afford trips home, unemployed worker scrape by in Binh Duong for Tet

Having been rendered jobless due to reduced factory orders, thousands of workers living in a Binh Duong tenement are now picking wild leaves and collecting scraps to stay afloat.
January 10, 2023 | 06:00 am PT
Jobs dry up in last quarter of 2022: report

Jobs dry up in last quarter of 2022: report

The demand for new workers in textiles and construction and for marketing and sales jobs dropped by more than 50% in the fourth quarter, Navigos Group said.
January 1, 2023 | 11:21 pm PT
Unemployed workers swim with hungry loan sharks

Unemployed workers swim with hungry loan sharks

Vietnamese workers who lose their jobs often find themselves penniless and unable to obtain bank loans. They’re easy prey for loan sharks.
December 25, 2022 | 08:36 pm PT
More pain in store for workers as orders remain scarce

More pain in store for workers as orders remain scarce

With orders for 2023 plunging by 42%, factory workers are likely to face more difficulties next year with their work hours reduced.
December 25, 2022 | 04:41 pm PT
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