Last week, news Agency Nikkei reported the dismissal from factories contract manufacturer Foxconn 50 thousand people. This step is connected with the need to cut production, the volume of which is changed due to the reduction in the volume of orders from Apple and other companies.
Today, Foxconn has announced that it is exploring the possibility quickly to employ 50 thousand people. In the report, Hon Hai Precision Industry (which operates under the brand Foxconn) says that the process of layoffs and hiring is a normal practice, aimed at optimizing processes within the company, and depends on the activity of customers.
50 thousand people will be hired to work in the factories of Foxconn in China, writes Reuters.