ECCO Vietnam

Layoffs · Asia

Danish footwear maker ECCO halted production at its Bau Bang factory in Ho Chi Minh City on November 2, affecting 1,611 employees including 259 outsourced workers. Most contracts end November 30. ECCO is also closing its Portugal factory (about 650 workers) and cutting around 400 global and regional positions as part of a group restructuring to reduce costs and overcapacity.

Layoffs · Asia

Nagoshi Studio, developer of Gang of Dragon, has closed months after NetEase withdrew funding.

Layoffs · Asia

Airports Corporation of Vietnam (ACV), developer of Long Thanh International Airport, cut 1,360 staff in Q3 2026, bringing 2026 reductions to nearly 3,700.

Layoffs · Asia

Chili sauce brand Lao Gan Ma is under public scrutiny after an official reportedly said the company cut 500 jobs to implement AI-powered pepper sorting. The layoff claim is reported and unconfirmed in the source.

Layoffs · Asia

GovTech is laying off 38 more staff as it shifts technology work in-house; 106 officers stay in current roles and another 106 can enter conversion and apprenticeship pathways.

Layoffs · Asia

GovTech retrenched 38 employees in a second round of layoffs and expects 7-9% of its workforce (roughly 270-350) to be affected over two years, including a third round, while shifting work in-house and seeking to hire software engineers, product managers, designers, data specialists and cybersecurity professionals.