Question: When Octo Electronics, a large multinational corporation (MNC) moved its business to Vietnam from Singapore in 2019, many small enterprises in the Singapore electronics industry

When Octo Electronics, a large multinational corporation (MNC) moved its business to Vietnam from Singapore in 2019, many small enterprises in the Singapore electronics industry lost substantial contracts. Some companies even closed permanently. What happened to many of the employees working in this industry??
1)
They were suspended.
2)
They were hired by Octo Electronics.
3)
They were transferred to Octo Electronics.
4)
They were downsized.

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