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Micron Semiconductor to cut 2% of Singapore workforce

23 Aug 2013  | Elmie Gonzales

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Around 150 staff members are to lose their jobs at Micron Semiconductor Asia in Singapore. This is according to a report by Channel News Asia.

The layoffs include engineers, managers, technicians and operators, which make up two per cent of the memory chip maker's 7,500 workers in the country.

Lee Kok Choy, country manager for Micron Semiconductor Asia Pte Ltd., said: "We are in the process of a transformation of the company, trying to make it more effective. We also expanded our field of influence with the acquisition of some external companies, so as we try to make ourselves more effective and productive, there are certain jobs that are no longer needed.

"As a result of that, we have to reduce the number of workers in the excess jobs. That is the reason for the retrenchment."

As part of Micron's pans to improve efficiency and cut costs, the company plans to lay off five per cent of its global workforce. Micron has three fabrication facilities and a test and assembly facility in Singapore.




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