Corporate and M&A

Pou Chen reportedly plans massive job cuts at Vietnam footwear factory

2023-02-22T07:38:00

Pou Chen

Citing two local officials familiar with the company’s plans, Reuters reports that Taiwan-based Pou Chen Corp, which makes athletic footwear for Nike, Adidas and others, plans to cut about 6,000 jobs at its Pouyuen Vietnam plant in Ho Chi Minh City due to weak demand. The plant is reportedly set ...

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