Bridgestone Hsinchu Plant Ceases Production, Over 500 Layoffs Expected to Take Effect in July
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Taiwan Bridgestone announced on May 11 that it will immediately cease production at its Hsinchu plant and shift its business strategy to prioritize sales and services. According to Hsinchu County officials, the company has officially filed for the layoff of over 500 employees, which is scheduled to take effect on July 10.