Foxconn cuts 50K contract workers early amid iPhone sales slump

Source: https://www.idownloadblog.com/2019/01/18/foxconn-cuts-jobs-on-iphone-slump/

Foxconn has been forced to cut contract workers early amid iPhone sales slump, reports Nikkei. Citing an industry source familiar with the situation, the outlet says around 50,000 seasonal employees have been let go since October at the company's top iPhone factory in Zhengzhou, China.
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