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S'pore got a few hundred employees. How?
Japan executives break lease balek kampung = property price down
Local staff no job = no money to pay mortgage = force sell = property prices down
http://www.straitstimes.com/Breaking+News/Money/Story/STIStory_330989.html
Home > Breaking News > Money > Story
Jan 27, 2009
NEC Tokin to shed 9,450 jobs
TOKYO - JAPANESE electronics maker NEC Tokin announced on Tuesday that it would shed about 9,450 jobs worldwide due to the economic crisis.
The electronic component manufacturer said it would axe about 450 domestic posts and 9,000 jobs overseas, joining a wave of global layoffs. -- AFP
Japan executives break lease balek kampung = property price down
Local staff no job = no money to pay mortgage = force sell = property prices down
http://www.straitstimes.com/Breaking+News/Money/Story/STIStory_330989.html
Home > Breaking News > Money > Story
Jan 27, 2009
NEC Tokin to shed 9,450 jobs
TOKYO - JAPANESE electronics maker NEC Tokin announced on Tuesday that it would shed about 9,450 jobs worldwide due to the economic crisis.
The electronic component manufacturer said it would axe about 450 domestic posts and 9,000 jobs overseas, joining a wave of global layoffs. -- AFP
