Corning has denied speculation that it would lay off salaried employees in Taiwan. But the glass substrate supplier has revealed that it plans to discontinue about 200 contract workers worldwide and lay off 85 employees at its Kentucky facilities in the US because of the impact of the global economic downturn on retail demand for LCD TVs and monitors.
Nov 21, 2008
Corning to lay off 200 contract workers worldwide and 85 employees in Kentucky
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