(AFX UK Focus) 2009-01-19 02:21 Malaysia temp layoffs seen at 45,000 -report (Interactive Investor)

KUALA LUMPUR, Jan 19 (Reuters) - Malaysian companies look set to put around 45,000 workers on a temporary layoff or short time work over a two- to three-week period around the Chinese New Year so as to cut output, a local newspaper quoted a government minister as saying. “During the period, the factories will be on holiday for two to three weeks and workers have been asked to take leave. Some …

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