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Thread: Bad news! Nikon Thailand plant start lay off

  1. #1
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    Default Bad news! Nikon Thailand plant start lay off

    Bad news today to know that Nikon Thailand plant start lay off, around 1600 workers lose their job due to the fact that ordering is reducing. I hope Nikon Singapore will able to go through the tough time now

  2. #2

    Default Re: Bad news! Nikon Thailand plant start lay off

    Quote Originally Posted by ChinaDiamond View Post
    Bad news today to know that Nikon Thailand plant start lay off, around 1600 workers lose their job due to the fact that ordering is reducing. I hope Nikon Singapore will able to go through the tough time now
    It's 2600.

    Edit: Ok, my bad. Channel 8, 10pm news said 2600.
    But Straits Times seems to mention 1500 instead.

    http://www.straitstimes.com/Breaking...ry_305497.html

    Well, whatever the number, retrenchment is never good news.
    Last edited by Yapster; 23rd November 2008 at 01:27 AM.

  3. #3
    Senior Member Leong23's Avatar
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    Default Re: Bad news! Nikon Thailand plant start lay off

    i just waiting for them to further reduce their prices.

  4. #4

    Default Re: Bad news! Nikon Thailand plant start lay off

    Hope it turns out fine...

  5. #5

    Default Re: Bad news! Nikon Thailand plant start lay off

    times r bad. bangkok post reported 1500 retrenched in nikon,th due to reduced orders from usa, japan and canada.

    in other reports, GM, Thailand will b closed for 2 mths. so r many other co.

    this usa triggered finiancial crisis is > 1 yr since Bear Stearns ran into troubles in aug 2007. it is a repeat of the asian finiancial crisis started by thailand in july 1997. hopefully, it will end in about the same period of abt 2yrs like the asian one.

    the measures implemented or argued r also the same ones that asian countries had gone through.

    the silver lining in this crisis will b an opportunity for some - or only those with cash - buy now like oei hong leong in mid sep 08 and made usd7M in a wk and he donated all to lky school of public policy.

    want to try your luck in GM stocks - now at 65yr low and citigroup now at 15yr low? GM is even feared to b non-existent in the next few wk but do u think bush n obama will let it have euthanasia or inject more life sustaining funds? dont gamble but can bet. go in with your eyes wide open plus ear pricked, nose sniffing n feet must b v nimble.

  6. #6

    Default Re: Bad news! Nikon Thailand plant start lay off

    Circuit City owes Nikon $15 Million

    http://www.bloomberg.com/apps/news?p...R4boc&refer=us

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