Does Fuqing TPV lay off employees?

Layoffs. According to the recruitment brochure of Fuqing TPV Electronics Factory, in response to the economic recession, Fuqing TPV introduced measures such as layoffs and salary reduction to reduce labor costs 10%. TPV Technology, formerly known as Edmund Overseas Co., Ltd., was established in Taiwan Province Province in 1967 and 1989. At that time, Dr. Xuan Jiansheng, then president, decided to build a factory in Fuqing City, Fujian Province. In the wilderness, TPV's first mainland factory has sprung up.