If lucky 1400 will join TSMC but what will happen to the other employees ? Will the be properly compensated ? Japan is facing lot of problems this decade like earthquakes, tsuname and financial slowdown. I hope thing will return to normalcy in Japan soon.
It would seem that the company has been hit with the double whammy of poor sales due to economy and a large infrastructure that was too expensive to maintain. The cuts and reorganization will be painful, I am wondering if they will have enough strength and product offerings to survive?
The Television market growth was fueling many industrial sectors. this slow down of TV sales may b for 3 more years and again catching up for another 10 years.Mean while many companies depended on TV business seems to be doing major restructuring.A big unemployment status.