TSMC employees angered by layoff, bonus cut rumors despite record profits
Taiwan
May 25 (Asia Today) -- Employees at Taiwanese semiconductor giant TSMC are reportedly growing increasingly frustrated over rumors of layoffs and bonus cuts despite the company posting record first-quarter earnings. According to Beijing-based sources familiar with Taiwan's economy, TSMC delivered what analysts described as extraordinary results in the first quarter of this year. Revenue rose 40.6% year-over-year to 1.134 trillion New Taiwan dollars, equivalent to about $35.9 billion or 55.6
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