Foxconn Cuts 50,000 Jobs Due To iPhone Sales Slowdown
newsare.net
In the latest indication that the slump in sales of Apple's most recent batch of iPhones isn't a transitory trend, Nikkei Asia Review on Friday reported that Foxconn, one of Apple's biggest and most important iPhone suppliers, is cutting seasonal staff morFoxconn Cuts 50,000 Jobs Due To iPhone Sales Slowdown
In the latest indication that the slump in sales of Apple's most recent batch of iPhones isn't a transitory trend, Nikkei Asia Review on Friday reported that Foxconn, one of Apple's biggest and most important iPhone suppliers, is cutting seasonal staff more swiftly than in previous years, a sign that it is bracing for weak sales in the months ahead as the industry suffers its worst downturn in 10 years. Read more