Foxconn denies Chinese staff lay-offs

Foxconn denies Chinese staff lay-offs

November 27, 2016

Taiwan-based Foxconn Electronics, the largest manufacturer of electronics and computer components in the world, has denied rumours of 10,000 staff lay-offs in its China factories.

Foxconn spokesperson, Edmund Ding, said the company has not yet issued any official redundancy orders, and that current staffing levels are consistent with normal seasonal trends.

The denial follows a similar rebuttal last month when Foxconn refuted press rumours that it planned to axe 100,000 staff.

Departments across Foxconn are currently rethinking operations and implementing cost cutting measures to see the company through the global financial crisis.

According to Ding, however, employee numbers are unlikely to drop significantly.

High cost operations that are underperforming are likely to be cut, Ding said, but any staff lay-offs would be conducted according to labour laws in the country concerned.

Despite Ding’s reassurances, if Foxconn is serious about cutting costs it seems probable that a significant number of its employees will be made redundant in the near future.

Foxconn’s Chinese employees have noticed covert staff reduction practices, including cutting back on overtime, and plans to halt wage payments whilst allowing staff to continue working.

Two years ago, Foxconn was involved in a controversy over working conditions in a Chinese factory producing Apple iPods.

Tim Yeo

Related Posts

Government to develop broadband strategy

Comments Off on Government to develop broadband strategy

Isocore Completes Successful Interoperability Testing

Comments Off on Isocore Completes Successful Interoperability Testing

UK broadband 45% slower than advertised

Comments Off on UK broadband 45% slower than advertised

Ofcom stats suggest migration issues declining

Comments Off on Ofcom stats suggest migration issues declining

Google Maps to display money-off vouchers

Comments Off on Google Maps to display money-off vouchers

Scottish and Southern Energy in Arrangement with BT Wholesale

Comments Off on Scottish and Southern Energy in Arrangement with BT Wholesale

EU demands full independence of Polish telecoms

Comments Off on EU demands full independence of Polish telecoms

VoIP software released for Android

Comments Off on VoIP software released for Android

Intel back WiMax as wireless broadband standard

Comments Off on Intel back WiMax as wireless broadband standard

Partnerships between telecos and systems integrators must be encouraged

Comments Off on Partnerships between telecos and systems integrators must be encouraged

CAPEX free HSL 2.75G Femtocell

Comments Off on CAPEX free HSL 2.75G Femtocell

Pipex Offers New Business Packages

Comments Off on Pipex Offers New Business Packages

Create Account



Log In Your Account