NEWS

FMM: 63 pct of surveyed manufacturers may have to retrench workers

Published
Modified 20 Apr 2020, 7:02 pm

CORONAVIRUS | Some 63 percent of surveyed manufacturing firms say they may need to lay off workers amid an economic downturn brought about by the Covid-19 pandemic, according to a survey by the Federation of Malaysian Manufacturers (FMM).

"The impact on some companies is greater than others and some might have to resort to lay-offs/retrenchments....

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