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MSI to lay off 10-20% of employees after the holidays?
The sources say that MSI will begin trimming at some point after the holidays, likely in early 2010. The company will focus its firepower on business units and other departments with excess personnel as well as those with unsatisfactory performance. Workers involved with netbook, notebook, and graphics card sales are also under evaluation.
Since the company is mostly attempting to eliminate overlapping and poorly performing staff, it will hire new recruits to replace the gap. DigiTimes notes that MSI has denied the rumors, so this could very well be a load of hot air.
User Comments: 28
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I can definitly understand them cutting underperforming employees with the economy like it is...well really regardless..its understandable. Like most companies regardless of if there doing ok their still preparing for the worst. The fact that they will be hiring to fill spots after this is good news though. I'm surprised at how many comments have said msi has bad products...i've had quite a few of there motherboards and have been happy with them.
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MSI is losing money. Cutting employees is the wrong way to fake profits while management continue to pump out worthless plans to lose money on sales. Employees are only as good as the management and directors, and when those are useless, employees are powerless to help the company become profitable.
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Losing your job anytime is never good (unless you hated your job) but it really sucks around the holidays. Good luck to those people who are let go.
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