Friday, November 14th 2008

Leadtek Responds to Lay-off Rumors

Our friends at Fudzilla had a little news bit a few days ago, about the lay-off of 450 employees at Leadtek. The company has now reacted and I had the following statement with the title Statement to the Untrue Internet Rumor "Leadtek Fires 450 in Taiwan" in my mailbox this morning:
With its strong and healthy operation, Leadtek Research Inc. does not fire 450 employees as rumor said. The partnership of Leadtek and NVIDIA remains solid, as Leadtek is still the exclusive partner of NVIDIA Quadro series in APAC, except in Japan.

To clarify the false internet rumor, "…Leadtek, recently fired 450 people from its operation…Leadtek was not in NVIDIA's top six list and this might be the partial reason….", Leadtek states the facts here :

1. With 378 employees at the moment, Leadtek is in a good and strong condition, no future down-sizing plan ongoing.

2. Leadtek NVIDIA Quadro series is leading in Asia-Pacific, and NVIDIA has stated that Leadtek is still its direct account and the exclusive distributor of NVIDIA Quadro series in APAC region (except in Japan).

The rumor of firing 450 people and the loosing partnership with NVIDIA is apparently false and exaggerating.
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4 Comments on Leadtek Responds to Lay-off Rumors

I'm pretty sure APAC stands for asia pacific and china, for those curious.
Posted on Reply
Senior Monkey Moderator
Wow ... if it turns out to be true they will only be left with -72 employees.
I hear those negative empoyees are not the most motivated type. :rolleyes:

I wonder sometimes if our friends at "fud" just make stuff up on slow news days. :laugh:
Posted on Reply
the negative employees are ghosts. They are firing ghosts.
Posted on Reply
well its good its only 72 not 450 as I'm waiting for Leadtek GTX260 core 216 ...... I hope its gonna come without missing parts gone with those 72 ;)
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