TSMC employees are openly discussing forming a union and staging a strike after rumors spread that the company plans to cut performance bonuses by approximately 15%, according to a DigiTimes report published today. The rumored haircut comes despite TSMC posting a record first-quarter net profit of NT$572.5 billion ($17.9 billion), a 58% year-over-year increase driven by surging AI chip demand. Workers say the company's historical practice of returning roughly 13% of retained earnings as employee bonuses has been cut, even as profits climb, and they’re pointing to Samsung’s recent union deal as a template for action.
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