Featured Articles

IHS teardown reveals Galaxy S5 BOM

IHS teardown reveals Galaxy S5 BOM

Research firm IHS got hold of Samsung’s new flagship smartphone and took it apart to the last bolt to figure out…

More...
Galaxy S5, HTC One M8 available selling well

Galaxy S5, HTC One M8 available selling well

Samsung’s Galaxy S5 has finally gone on sale and it can be yours for €699, which is quite a lot of…

More...
Intel lists Haswell refresh parts

Intel lists Haswell refresh parts

Intel has added a load of Haswell refresh parts to its official price list and there really aren’t any surprises to…

More...
Respawn confirms Titanfall DLC for May

Respawn confirms Titanfall DLC for May

During his appearance at PAX East panel and confirmed on Twitter, Titanfall developer Respawn confirmed that the first DLC pack for…

More...
KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 gained a lot of overclocking experience with the GTX 780 Hall of Fame (HOF), which we had a chance to…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Thursday, 27 November 2008 09:53

Foxconn hasn't laid anyone off, yet

Written by test

Image

Still shifting people around

It seems like the rumours about Foxconn already having laid off staff aren't true, at least if we're to believe a company spokes person quoted by Digitimes. According to Edmund Ding at Foxconn, the company "has not yet issued any official layoff orders".

This doesn't sound too good to us, as it really seems like Foxconn is about to lay people off and he goes on to say "It would be reasonable to cut operations that have been underperforming on high costs, but such moves would only be conducted in line with the laws of the countries hosting the operation". The story mentions people being moved around between various departments, but so far there haven't been any actual layoffs.

Foxconn is rumoured to already have laid off some 10,000 factory workers in China and some management staff is meant to have returned to Taiwan. This might not have been the case, but with Foxconn sitting on too much inventory, it doesn't seem like the company is seeing its best day's right now.

More here

test

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

To be able to post comments please log-in with Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments