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Zipper button manufacturer YKK Hong Kong company lays off 240 workers

2021-10-15T09:51:48.812Z


The new crown epidemic has not stopped, and it has severely damaged the local business and economic development. "Hong Kong 01" learned today (15th) that YKK Zipper (Hong Kong) Co., Ltd., a manufacturer that mainly sells zippers and buttons, will close the village that has been operating for many years.


The new crown epidemic has not stopped, and it has severely damaged the local business and economic development.

"Hong Kong 01" learned today (15th) that YKK Zipper (Hong Kong) Co., Ltd., a manufacturer of zippers and buttons, will close its Tuen Mun factory that has been operating for many years and carry out business reorganization, layoffs a total of about 240 people.


Zhang Lixia, director-general of the General Trade Union of Retail Business and Garment Industry, said that YKK had withdrawn its factory from Hong Kong a few years ago, and only a small part of its order-to-manufacture business. She believed that most of the laid-off employees were back-office workers. It is relatively easy to get a job again. Workers with longer years of experience may find it more difficult to find a new job because there is almost no manufacturing industry in Hong Kong.


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YKK Hong Kong: layoffs in phases starting in June this year

YKK Hong Kong Company stated that its Tuen Mun factory will be closed. The company will lay off employees in phases for about a year starting in June this year. Among them, the Tuen Mun factory plans to lay off about 220 people. In addition, due to the shrinking business scale, production support and partial sales And management-related positions will also be reduced, so about 20 people are planned to be laid off.

YKK Hong Kong Company was established in 1966 and is one of the overseas branches of the well-known YKK Zipper Group in Japan.

The company is mainly responsible for the production and sales of zippers, plastic buckles and hook-and-loop fasteners in the YKK zipper brand.

The factory involved this time is located on Sanli Street, Tuen Mun. This factory is not only responsible for the production and chain-making processes, but also leased to other private businesses for other commercial purposes in the form of sub-leasing.

Zhang Lixia, director-general of the General Trade Union of Retail, Commercial and Garment Industries.

(Profile picture)

The factory has already evacuated from Hong Kong, and the layoffs mainly involve logistics staff

Zhang Lixia, director-general of the General Trade Union of Retail Commerce and Garment Industry, said that YKK had evacuated the factory from Hong Kong many years ago. There is still a small store in Kwun Tong. Rework, do logistics work.

She said that it may be more difficult for employees with longer years to find new jobs because there is almost no manufacturing industry in Hong Kong; if they are other back-office employees, it will be relatively easy to find new companies to be hired.

▼The second phase of 10.1 consumer vouchers will be distributed to the Mong Kok Computer Center to increase the flow of people ▼


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Employment prospects in the fourth quarter. Bipolar development 25% of employers intend to hire people 17% of companies expect to lay off Cathay Pacific’s dismissal of uninjected employees. Some hotels have said that low vaccination rate will lay off staff on the Tunma line. After the opening of traffic, 4 bus lines will be cancelled and some minibus lines will be reduced. Layoffs: It’s hard to survive. The Peninsula Hotel urges 70% of its employees to get injections within two months.

01News

Source: hk1

All news articles on 2021-10-15

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