Categories: Top Stories

What Morris Chang said on AI layoffs this year

TSMC founder Morris Chang warns against layoffs, highlighting hidden costs like severance and retraining that often outweigh savings. He advises companies to avoid job cuts if rehiring within a year is likely. Chang shared TSMC’s difficult experience with performance-based layoffs in 2009, which led to protests and ultimately rehiring, stressing the importance of careful workforce management.

The News Vista

Share
Published by
The News Vista

Recent Posts

Who is Nila Vikhe Patil, Maharashtra-origin leader elected to Sweden Parliament?

Nila Vikhe Patil, from a prominent Indian political family, has been elected to Sweden's Parliament.…

3 hours ago

At 12, she was eve-teased: Suchika is now India’s first Asian Games MMA medallist

Eve-teased at 12, Suchika Tariyal took up judo for self-defence, beginning a journey through judo,…

3 hours ago

India open Asian Games shooting campaign with silver in women’s 10m air rifle

The Indian shooting team kicked off their Asian Games journey by clinching a silver medal,…

3 hours ago

Red Pawns, Red Soldiers: How the Bolsheviks built a chess superpower

In his latest Grandmaster View column, India’s young GM Aarav Dengla looks back at how…

3 hours ago

Asian Games: India win first medal, bag silver in women’s 10m air rifle team event – The Federal

Asian Games: India win first medal, bag silver in women’s 10m air rifle team event  The…

3 hours ago