Japan companies dismiss workers in the Philippines

Weak demand has adversely affected two Japan computer parts makers' businesses in the Philippines, resulting in layoffs. This is according to an AP report.

HDD-manufacturer Fujitsu Computer Products Philippines will dismiss 1,750 workers in the coming months, according to Philippine Export Zone Authority spokesman Elmer San Pascual. The Philippine media reported that Marianito Roque, the country's labor secretary, had announced that TDK Fujitsu Philippines Corp. will lay off 2,000 factory workers.

Both factories of the companies are located in Laguna province's industrial parks.