Feeds

Acer to cut 500 staff this week

Foreign workers in Taiwan given the boot

  • alert
  • submit to reddit

SANS - Survey on application security programs

Acer Inc is to cut 500 staff in Taiwan by the end of the week, the company said today.

The layoffs, representing around five per cent of the company's workforce worldwide, will affect foreign workers at its Hsinchu industrial park, according to Dow Jones.

Acer, which currently has around 6,000 staff in Taiwan, said many of the workers' contracts were due to run out and it had decided not to renew them. Those affected work in Acer's PC manufacturing and assembly business.

The company wants to move some of its manufacturing to China and the Philippines.

The move, unfortunate considering Acer's slogan of "It's not about technology, it's about people", emblazoned on its site today, comes amid a major rejig at the company. In November it cut revenue forecasts for the year by $620 million to $2.5 billion, and a month later revealed plans to shut half its 30 factories worldwide to save cash. It also said it would split its own-brand PCs from its contract orders business. ®

Related Stories

Acer to ditch OEM PC business?
Acer cuts annual sales estimate by $620m
Acer lost $450 million on cancelled IBM contract
Acer flogs PCs cheap on dealer site

Combat fraud and increase customer satisfaction

Whitepapers

Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.