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Foxconn to hire 50k more employees despite big layoffs

Jan 24, 2019 by The Passage Team
Foxconn to hire 50k more employees despite big layoffs

Foxconn Technology Group, the biggest assembler of Apple Inc's iPhones, said it was planning to recruit more than 50,000 positions on the Chinese mainland in the first quarter, amid reports of mass layoffs.

The contract manufacturer indicated the reported changes in employee headcount were normal adjustments based on its global strategy and client needs.

The company said it continues to promote the transformation and upgrading of industrial internet and intelligent manufacturing, and is committed to the cultivation and upgrading of its employees' skills.

Japan's Nikkei Business Daily earlier reported Foxconn had let go of around 50,000 contract workers on the Chinese mainland since October.

Source: China Daily

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