Laos

Nikon Corporation has announced that they’ve reduced the number of employees in their Imaging business by 700 at its factories in Thailand and Laos – around 10% of their workforce in each of those locations. Nikkei reports that Nikon has been laying off the staff under “early retirement” since last Autumn.

Nikon is now looking towards the future, stating that they will “optimise according to the production scale” (downsize) depending on the influence the coronavirus pandemic has on their business going forward.