CONNECT WITH US

USI axes 10% of workforce and reduces executive salaries, says paper

Commercial Times, December 31; Joseph Tsai, DIGITIMES Asia 0

Universal Scientific Industrial (USI) is reported to have laid off 10% of its employees, according to a Chinese-language Commercial Times report. The company will also begin to reduce executive salaries as well as mandating involuntary unpaid...

The article requires paid subscription. Subscribe Now