Samsung closes hard-disk-motor plant in Korat, lays off 1,400
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More than 1,400 people have been put out of work as Samsung Electro-Mechanics (Thailand) has shut down its operations in Nakhon Ratchasima and laid off employees because of low orders.
It was the factory’s second round of job terminations this year. The company says it is accelerating the compensation process for this round and will finalise it next week.
Pongwut Petchwichien, of Nakhon Ratchasima’s Employment Department, said the agency had provided a service centre to assist the unemployed. The centre will enable them to submit the relevant documents to get the compensation from the company.
More than 300 employees have applied for the compensation since the centre was established.
