Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Haier Group Layoffs: 26,000 In Two Years
Jun 20, 2014
 Printable format
 Email this Article
 Search

China based Haier, maker of appliances and consumer electronics, started 2013 with 86,000 employees worldwide, but that number is likely to be about 60,000 by the end of 2014.

Most of those layoffs have already happened. The company laid off 16,000 workers in 2013, and by the end of May 2014 the number was at 64,955. The company said it plans to lay off a total of 10,000 employees in 2014.

Hair said that, even with the firings, per capita labor productivity increased 35% in 2013 and grwth in productivity remains strong in 2014.

Website Chinatopix, reporting on the downsizing, said Chinese industry watchers don't believe productivity improvements drove the large number of layoffs. One industry analyst told the website that Haier is seeing decreases in its market share, particularly sales of washers, refrigerators, air-conditioners, and TVs.

Back to Daily News

 

Daily News

...........................................................

Sep 23, 2014: Global PCB Production Worth $59.4 Billion

Sep 22, 2014: Whirlpool's Tulsa plant starts production of new cooking appliance line

Sep 22, 2014: Industrial Controls Indexes on the Rise in Second Quarter of 2014

Sep 22, 2014: North American metals service centers shipments stagnant in August

Sep 22, 2014: July steel shipments up

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows