Ams AG cuts 600 people in Singapore, responding to business transformation and maintaining competitiveness

  "Shin Min Daily News" reported that Ams AG's Singapore company has laid off 600 people and has disbanded a large number of foreign factory workers.

Informed people confirmed to Shin Min Daily News that several buses were parked outside the company on the day of the layoffs. The supervisor was responsible for the name and announced the layoffs on the spot.

It is understood that 600 employees were laid off, all of them are foreign employees, from China, Malaysia, Thailand, etc., and some employees received return tickets. It is reported that the employees who have been laid off have received reasonable compensation from the company.

Ams AG subsequently confirmed the layoffs. The spokesperson said that in order to transform the company's business and maintain market competitiveness, the Singapore regional company has laid off employees and affected 600 employees. The company has made corresponding compensation for the affected employees.