Canon Suzhou responds to layoffs compensation N+12/2N+12: Fake news, the company is not laying off workers but reemploying people

1. According to news from this website on August 1, some netizens recently broke the news that Suzhou Canon has started a new batch of layoffs, involving thousands of people, and the compensation is "refreshing the ceiling of layoffs for foreign companies" - no fixed contract period N +12 or 2N+12.

2. Later, the operator of Suzhou Canon’s official website responded to “ifeng.com Technology” and said that the news of N+12 or 2N+12 compensation was false. The company was “not laying off employees, but re-employing”, that is, “you can choose by yourself” "If the standard is met, there will be compensation", but it is "unclear" what the standard is.
3. Canon (Suzhou) Co., Ltd. is a wholly Japanese-owned enterprise registered and established by Canon Co., Ltd. in Suzhou New District in 2001. With a total investment of US$185.5 million, an area of ​​320,000 square meters, and more than 3,000 employees, it is one of the most important and largest office equipment production bases of Canon Japan overseas.
4. Its main products are color digital composite machines, copiers, printers and peripheral equipment. The company's spare parts management center provides spare parts for Canon (Suzhou) Co., Ltd. products to the world.

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