|Feb 20, 2013, 09:54 AM||#1|
Foxconn Says Current Hiring Freeze Due to Strong Returning Workforce, Not Waning iPhone 5 Demand
Financial Times reported earlier today that Foxconn has enacted a hiring freeze at most of its Chinese facilities due to reduced demand for the iPhone 5.
An expectation of hiring picking up again in late March would be in line with rumors of Apple beginning to ramp up production of the iPhone 5S, but a Foxconn spokesman told Bloomberg that the current hiring freeze actually has nothing to do with waning demand for Apple products.
Article Link: Foxconn Says Current Hiring Freeze Due to Strong Returning Workforce, Not Waning iPhone 5 Demand
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