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China

F-TECH to reduce workforce by around 500 at two Chinese subsidiaries

F-TECH announced on August 3 that it will reduce its workforce by a total of around 500 employees at its consolidated Chinese subsidiaries F-TECH Zhongshan Inc.  (Guangdong Province) and F-TECH Wuhan Inc (Hubei Province). Employment contracts will be terminated through consultation with the employees, with their depa....

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