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Taiwanese semiconductor giant TSMC posted record first-quarter earnings.
Rumors at TSMC suggest possible 5% layoffs and bonus cuts up to 15% despite record profits.
KEY POINTS
- Some employees have discussed potential collective action online, citing recent Samsung labor events as inspiration.
- TSMC has not officially commented on the layoff and bonus reduction rumors circulating among employees.
- Massive global expansion costs and shareholder demands are cited as drivers for potential cost-cutting at TSMC.
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