Economic Recession: Are semicon companies in Laguna also affected?

[femme88]

I heard a lot of companies are closing. Ksali po ba mga semicon sa laguna at cavite? ano ang effects usually sa mga tao, retrenchment or mas lalong bababa ang rate ng ating mga engineers?

[DemonicAngel]

yup. my hubby is working in a semicon in cavite. yung mga under proby daw di na mareregular and yung iba na nasa shifting sched nilipat sa regular sched..

[pagie]

Hindi ba at nag-merge na nga ang aon at ami (di ko sure spelling)? Retrenchment ang nangyayari. May isang elect company na inilipat sa India ang production. Ang Yazaki Torres ay balitang aalis na rin sa Pinas.

Mahina ang market, so hindi na rin kailangan ang malaking volume ng products or processed goods. Hindi na rin kailangan kung ganun ang maraming tao. Kaya uso ang redundancy ngayon.

[Kent_210]

Semiconductor manufacturing revenue is based on the volume of products that they produce. Since recession ngayon, expect most manufacturing companies to cost cut through pay cut, forced leave or worst, retrenchment kasi walang masyadong demand from customers.

[zen_g]

yup it's true, but then again it is part of the cycle ..... some of those who are mature in teh semicon industry says, its a 5-year cycle, but the last slow down that I can remember was in 2000-2001, so medyp matagal na rin. from where i am working our orders for the month of december is 1/4 of the capacity, thus cost cutting is the name of the game. but then again, cutting headcount is not having that great an impact, instead facilities related cost is. kaya lang kung papatay ka ng makina, alang gagawin ang mga tao, so domino effect, alisin na ri lang.... :)