It plans to scale back activities at its Tuas plant and transfer part of the plant’s operations to other facilities overseas by 2027
Epson plans to scale back activities at its Tuas plant and transfer part of the plant’s operations to other facilities overseas by 2027.
The Japanese electronics firm known for its printers and projectors plans to scale back activities at its Tuas plant and transfer part of the plant’s operations to other facilities overseas by 2027, it said in an April 19 statement. The move follows directions from SEP’s headquarters in Japan and is part of Epson’s global production strategy.“The company has prepared a strong compensation package that will go above and beyond what is provided in the collective agreement to complete the transition,” SEP said in a statement.
Support will include retrenchment benefits that are in line with unionised norms, as well as additional retention packages, employment and employability support services, the AMEU said in a separate statement.
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