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Taiwan – Nike, Adidas shoe supplier Pou Chen to slash 6,000 jobs in Vietnam (The Straits Times)

21 February 2023

Taiwan’s Pou Chen Corp, the world’s largest manufacturer of branded sports footwear, plans to cut around 6,000 jobs at its Ho Chi Minh City factory in Vietnam in several phases this year due to weak demand, reports the Straits Times, citing two local officials familiar with the company’s plans....


Japan – PA Co full year revenue up 5.3%, but temporary staffing business sees decrease

20 February 2023

Japanese temporary staffing firm PA Co (4766: JP) reported revenue on Friday for the full year ended 31 December 2022 of JPY 1.66 billion (USD 12.4 million), an increase of 5.3% compared to the same period last year.

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Japan – Pasona Group erroneously overcharges three cities for Covid-19 vaccination call centre operations after subcontractor falsifies reports

20 February 2023

Japanese staffing firm Pasona Group overcharged three cities in western Japan for Covid-19 vaccination call centre operations by a total of approximately JPY 1.08 billion (USD 8.0 million) after a company it subcontracted falsified staff numbers, according to The Mainichi.

The Japanese city of Nishinomiya...


Australia – More than half of Australian businesses plan to increase employment

20 February 2023

Australian businesses reported a strong recovery from the pandemic in 2022 and more than half plan to increase employment, according to a report from Ai Group (The Australian Industry Group), which collected data about business recovery and business plans going into 2023. Ai Group is Australia's peak...


Hong Kong – Seasonally adjusted unemployment rate improves to 3.4% in January quarter

20 February 2023

The seasonally adjusted unemployment rate in Hong Kong stood at 3.4% in the period from November – January 2022, down from 3.9% during the same period a year ago, according to the latest labour force statistics published by the Census and Statistics Department.

When compared to the previous three-month...


Australia – PeopleIn H1 revenue growth boosted by acquisitions

17 February 2023

Australia-based workforce management company PeopleIn reported revenue of AUD 596.7 million (USD 406.7 million), an increase of 88.9% over the year. This included an organic growth contribution of 21.3%.

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Australia – HiTech Group posts H1 revenue growth of 37% with increase in profits

17 February 2023

Australian recruitment and consulting company HiTech Group Australia (HIT: ASX) reported revenue today for the six months ended 31 December 2022 of AUD 40.71 million (USD 27.7 million), an increase of 37% compared to the same period last year.

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Asia Pacific – Most employers have had to increase salaries in the last year to retain staff

17 February 2023

Over half, or 54%, of employers in Hong Kong have had to increase salaries in order to retain existing employees over the last 12 months. At the same time, 61% of employers in Singapore have had to increase salaries to retain existing staff in the last year. This is according to research from Morgan...


Japan – Average hourly wage posts second consecutive record high for temporary workers across three metropolitan areas

17 February 2023

The average hourly rate reached record highs in three major metropolitan areas in Japan for temporary staff for the second consecutive month in four occupations, according to data from the Jobs Research Centre at Recruit Jobs, part of Japanese staffing giant Recruit Holdings.

For temporary staff, the...


Japan – Tsunagu Holdings Q1 revenue up 25.2% while profits climb

16 February 2023

Tsunagu Holdings (6551:JP), a Japan-based company offering recruitment related services, reported revenue on Tuesday for the first quarter ended 31 December 2022 of JPY 3.51 billion (USD 26.2 million), an increase of 25.2% when compared to the same period last year.

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