News reports from Taiwan (here, here and here) are reporting on a huge layoff at Dynamic Electronics, based in Taoyuan Taiwan. Dynamic announced that it is going to layoff the majority of its manufacturing staff at it’s Taiwan fab. Of the 490 staff members located in the Taoyuan facility somewhere around 400 to 420 are going to be given their pink slips on October 15th.

According the corporate website, Dynamic ranked 15th in Taiwan for PCB manufacturing capability, 42nd in the world, and 13th in automotive PCB fabrication in 2018. That represents slightly more than $430MM in revenue, with 7,000 employees, so they’re not a small organization by any stretch. Cutting [...]