TSMC chairman asks all laid-off employees to return, says the worst is over
 

Taiwan Semiconductor Manufacturing Company (TSMC) has asked all laid-off employees to return to work to make amends for what company chairman Morris Chang describes as "regrettable actions" to dismiss them amid the economic downturn.

In an internal message, Chang expressed regret that when laying off those employees the company failed to show them appropriate respect or fully consider the difficulty for them to find new jobs in the bad economic times, according to the company.

TSMC said it has dismissed several hundred employees since late 2008 to tackle a sudden decline in business amid the global slump.

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