severance pay 結果共2筆

Launch Technologies Co., a golf manufacturer in Pingtung, Taiwan, has reached a severance agreement with 204 of its local workers following a layoff plan submitted last month. The company, which suffered a significant explosion at its factory in September, has also helped some employees find new jobs and provided them with generous severance pay. The Ministry of Economic Affairs has pledged to closely monitor the labor rights of the affected workers. The factory buildings remain closed and operations will only resume after third-party verification of their structural safety. Launch Technologies has established an internal legal team to compensate the impacted employees and has committed to continuing salary payments through the end of the year.

Nien Hsing Textile Co., Ltd. announces the closure of its denim mill in Houlong Township, Miaoli County, due to significant operational losses. The Taiwan-based global jeans manufacturer faces challenges including fluctuating cotton prices and a tough consumer market.