Tech content trusted by users in North America and around the world
5,666 Reviews & Articles | 36,011 News Posts

Asustek and MSI Announce Layoffs

Asustek and MSI Cut 10%

| Posted: Feb 16, 2009 3:42 am

It appears that both Asustek and MSI are being hit by the economy. Both companies have announced plans to lay off roughly 10% of their workers.


Asustek will be focusing their staff reduction on their handset, optical drive, and monitor departments. They expect about 460 staff to be afffected by the cuts. Asustek has stated that the layoffs are to shave excess workforce to lower costs.


MSI is set to lay off around 1,000 workers around the world, with 200 or so in Taiwan. While MSI says that layoffs are part of its regular process and that no large scale cuts are planned, you can't help but wonder how heavily the poor economy has affected this round of layoffs.


Let us know how the economy is affecting you by answering our poll. Will the economic crisis stop you buying new PC parts?


Related Tags

Further Reading: Read and find more news at our news index page.

Do you get our news RSS feed? Get It!

Post a Comment about this news

Latest Tech News Posts

View More News Posts

Latest Downloads

View More Latest Downloads

TweakTown Web Poll

Question: Did EA kill the Battlefield franchise with the terrible BF4 issues?

Yes, Battlefield is doomed

No, Battlefield will live on strong

I'm not sure, but I know EA needs to improve its game

or View the Results

View More Polls

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases
Get TweakTown updates via Facebook!
Just click the "Like" button below