Women shop for shoes in a store at a market in Pleiku, Vietnam, on Jan. 2. Shoe manufacturer PouYuen Vietnam Co Ltd is planning to cut thousands of jobs at the end of the month. Photo: BloombergPouYuen is commercial capital Ho Chi Minh City’s largest employer, with about 50,000 staff. The layoffs come after PouYuen put 20,000 of its workers on paid leave in rotation at the end of last year. More than 630,000 workers lost their jobs or had their hours cut in Vietnam last year, the Vietnamese Ministry of Labor, Invalids and Social Affairs said.

Source: Taipei Times February 21, 2023 04:14 UTC