Nidec reduces workers to sustain Subic operations
Japanese manufacturing firm Nidec Subic Philippines Corporation has retrenched more than 70 percent of its workers here to maintain the viability of company operations, the Subic Bay Metropolitan Authority (SBMA) said on Wednesday. The firm, which manufactures precision electronic equipment, direct-drive spindle motors, and specialized digital core parts for multimedia, announced the separation of 784 […]









