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Nike Supplier and Footwear Powerhouse Furloughs 2,600: Report

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A footwear supplier to the likes of Nike, Adidas and Puma has reportedly furloughed at least 2,600 workers amid ongoing coronavirus disruption, driving up unemployment rates in Taiwan. According to Taiwan’s Central News Agency (CNA), Pou Chen Corp. is a likely contributor to the 28,000 new furloughs reported for the week ending June 7. Local…

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