Construction worker suffers broken bones at TSMC Arizona fab
Man taken to hospital in “serious condition” after accident
Man taken to hospital in “serious condition” after accident
Impacted job roles include design engineers, cloud software workers, and project managers
Latest round of appointments from CEO Lip-Tu Ban
Majority of layoffs expected to take place in July
Margaret Han has previously held roles at Intel, NXP, and TSMC
Cuts occurred in April
Second round of layoffs employees have faced in a 12 month period
Multiple business groups will now report directly to Lip-Bu Tan
Government also approved Samsung’s request to increase work week for chip employees above legal maximum
Will start new role on March 18
Part of struggling company’s cost-cutting and restructuring efforts
Job postings reveal company is developing a “server solution for data center applications”
Ex-TSMC executive departs Samsung as contract comes to an end
Company previously pledged $50bn investment in the country during Trump’s first term
Two interim CEOs have been appointed until a replacement is found
Challenges facing the company were publicly acknowledged by executive chairman Lee Jae-yong at his trial
State investigators found dangerous work conditions at the site
Company says it will align resources with growth opportunities
Has three R&D centers in the middle eastern nation
Part of a broader plan to cut 15,000 jobs
Company is looking to streamline foundry business in wake of disappointing Q3 results
Latest layoff round to impact workers in Southeast Asia, Australia, and New Zealand
Company is also looking to resolve strike action taking place at Indian factory
Union wanted an eight percent increase but was offered 5.7 percent