Apple's Top Manufacturer, Foxconn, Is Reportedly Cutting 50,000 Seasonal Jobs Earlier Than Usual Amid Slowing iPhone Demand
Tens of thousands of seasonal workers in the iPhone supply chain are reportedly being let go ahead of schedule amidst Apple's production cuts due to a slowdown in sales.
Since the start of the holiday quarter beginning in October, around 50,000 temporary employees have been cut at the Chinese factory for Foxconn, Apple's largest iPhone manufacturer, the Nikkei Asian Review reports.
Since the start of the holiday quarter beginning in October, around 50,000 temporary employees have been cut at the Chinese factory for Foxconn, Apple's largest iPhone manufacturer, the Nikkei Asian Review reports.