Sunday, January 20, 2019
Foxconn Cut 50,000 Contract Workers Months Ahead of Schedule Due to Poor iPhone Demand
Apple supplier Foxconn has let go around 50,000 contract workers at its iPhone factory in Zhengzhou, China, with the first cuts happening in October 2018. As one source with knowledge of Foxconn’s plans told Nikkei, the scale of the cuts is not what stands out, but the fact that it’s significantly earlier than previous years. “It’s quite different this year to ask assembly line workers to leave 
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