101 Taipei companies report layoffs this year, highest since 2011

Focus Taiwan
Date: 12/27/2020
By: Chen Yu-ting and Joseph Yeh

Far Eastern Air Transport flight attendants. CNA file photo

Taipei, Dec. 27 (CNA) Companies in Taipei who had reported layoffs as of November reached 101, the highest number since 2011, the Taipei City government's Department of Labor (DOL) said Sunday, citing slow economic growth and weakening global demand caused by the COVID-19 pandemic.

The number of laid-off workers reported by these companies in the first 11 months of 2020 hit a total of 3,970, according to the DOL.

Among the companies, 27 percent are in the wholesale and retail businesses, who let go 1,089 workers, followed by those in accommodation and food services (576 workers) and information and communications (458 workers), DOL data shows.

Far Eastern Air Transport as a single entity has laid off most employees so far this year, firing 528 people after announcing in December 2019 that it was ceasing operations.

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