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70% of businesses resort to layoffs when facing difficulties: survey

70% of businesses resort to layoffs when facing difficulties: survey

Nearly 70% of Vietnamese businesses’ first reaction to difficulties is to cut their payroll, with 53% stopping fresh hiring, according to a recent survey by headhunter Navigos Search.
Textile giant lays off 2,000 workers

Textile giant lays off 2,000 workers

Hundreds of workers protest for getting laid off at Nobland

Hundreds of workers protest for getting laid off at Nobland

Layoff wave erodes worker trust in business: survey

Layoff wave erodes worker trust in business: survey

The recent layoff wave has increased workers’ anxiety and reduced their faith in business, a survey has found.
July 27, 2023 | 04:19 pm PT
Motorbike taxi driving unsustainable for laid off workers

Motorbike taxi driving unsustainable for laid off workers

More than a few workers made unemployed by increasing layoffs in Vietnam recently have become motorcycle taxi drivers only to realize it’s not a lasting solution.
July 25, 2023 | 11:38 pm PT
Job cuts continue in embattled property sector

Job cuts continue in embattled property sector

The mass layoffs that began last year amid a market decline continue in the struggling property sector, with major developers and brokerages downsizing their sales teams to survive.
June 1, 2023 | 03:37 pm PT
Companies to continue layoffs on lack of orders: surveys

Companies to continue layoffs on lack of orders: surveys

Around 5,200 companies, or 71% of those polled in a VnExpress survey, plan to lay off employees this year.
May 30, 2023 | 08:55 pm PT
McDonald's temporarily shuts US offices, prepares layoff notices

McDonald's temporarily shuts US offices, prepares layoff notices

Burger chain McDonald's Corp is temporarily closing its U.S. offices this week as it prepares to inform corporate employees about its layoffs as part of a broader company restructuring, the Wall Street Journal reported on Sunday.
April 2, 2023 | 07:27 pm PT
My colleague got fired for refusing to flatter

My colleague got fired for refusing to flatter

My colleague was recently fired for refusing to socialize with our boss and engage in flattery.
March 20, 2023 | 05:00 pm PT
Tyson Foods to shut two US chicken plants with nearly 1,700 workers

Tyson Foods to shut two US chicken plants with nearly 1,700 workers

Tyson Foods Inc will close two U.S. chicken plants with almost 1,700 employees on May 12, the company said on Tuesday.
March 14, 2023 | 06:50 pm PT
Realty firms resort to massive layoffs as market dries up

Realty firms resort to massive layoffs as market dries up

Many real estate companies have laid off 40-50% of their sales staff in 2022 amid the market slump.
January 2, 2023 | 06:04 pm PT
Property developers lay off staff in droves

Property developers lay off staff in droves

Property developers are laying off their employees in droves and are delaying salary payment for some to survive an idle market. Analysts expect difficulties to linger until the end of next year.
December 22, 2022 | 12:32 am PT
Vietnamese unscathed by US tech meltdown

Vietnamese unscathed by US tech meltdown

The recent layoffs by tech firms in the U.S.’s Silicon Valley have not greatly affected Vietnamese there, and things will return to normal soon, Le Chan, chief engineer at AI startup TruEra, tells VnExpress.
December 11, 2022 | 08:47 pm PT
Employees twiddle thumbs after being overworked earlier this year

Employees twiddle thumbs after being overworked earlier this year

Garment factory employee Trinh was working overtime at the beginning of the year until orders dropped. Now she and over 100 other colleagues are sitting idle with nothing to do.
December 8, 2022 | 06:27 pm PT
Year-end layoffs force frugal life on thousands of factory workers

Year-end layoffs force frugal life on thousands of factory workers

"Have you found a new job?" For the last 10 days, this has invariably been the question on every worker’s lips at a residential block in HCMC's District 12.
November 17, 2022 | 07:47 pm PT
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