Foxconn Says Current Hiring Freeze Due to Strong Returning Workforce, Not Waning iPhone 5 Demand

Discussion in 'MacRumors.com News Discussion' started by MacRumors, Feb 20, 2013.

  1. MacRumors macrumors bot

    MacRumors

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    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.
    Recruiters specifically pointed to hiring freezes at Foxconn's massive facilities in Shenzhen, Zhengzhou, Taiyuan, and Chengdu, all of which focus on assembly of iPhones and iPads.

    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.
    The Chinese New Year festivities last for several weeks, with many factories running at greatly reduced capacity as workers return to their homes. The offical two-week festivities conclude with the annual Lantern Festival, which takes place this Sunday, February 24.

    Article Link: Foxconn Says Current Hiring Freeze Due to Strong Returning Workforce, Not Waning iPhone 5 Demand
     
  2. phillipduran macrumors 6502a

    phillipduran

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    I'm sure it's a comfy job there now (compared to other jobs in the region) now that the worlds eyes are focused on the plants.
     
  3. Eadfrith macrumors 6502

    Eadfrith

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    Reach for those negative Apple/iPhone stories lol
     
  4. spyguy10709 macrumors 6502a

    spyguy10709

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    and YET - CNBC still reports it as due to the iPhone 5 sales. I swear to god CNBC has been so anti-apple since it hit 700, it's not even funny. It's like there's a force driving bad news to bring down the stock price.

    (Practical reason? SOMEONE [maybe even apple itself!] is going to place a HUGE order at a low amount.)
     
  5. street.cory macrumors 6502

    street.cory

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    I'm curious to see if lower demand of the iPhone 6 months after release date will lead Apple to a quicker product release cycle.
     
  6. Compile 'em all macrumors 601

    Compile 'em all

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    Analysts, the worst thing to happen to online journalism.
     
  7. ozziegn macrumors 6502a

    ozziegn

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    Foxconn probably forced that factory worker to pose with the smile on her face, or she'd lose her job. lol
     
  8. iGrip macrumors 68000

    iGrip

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    #8
    It only makes sense!

    I believe Foxconn!

    The hiring freeze has nothing to do with reduced demand for the iPhone 5. That would be way too hard to accept. So I will believe Foxconn.
     
  9. angrynstupid macrumors regular

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    Shut up, shorts

    Must be a lot of shorts at the Financial Times.
     
  10. TimUSCA macrumors 6502a

    TimUSCA

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    Maybe the CEO just really wants an iPhone 6, so he's manipulating things to speed up Apple's product cycle.
     
  11. Rogifan macrumors P6

    Rogifan

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    Because the Financial Times is more reliable? :confused:

    If there was any truth to the FT story Foxconn would most likely have said "we don't comment on blah blab blah".
     
  12. applesith macrumors 68020

    applesith

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    Where's the apple slamming? Shouldn't it be reported that apple forces workers to come back from vacation?
     
  13. lamerica80 macrumors 6502

    lamerica80

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    The girl in the picture is happy because its her 12th birthday.
     
  14. GermanyChris macrumors 601

    GermanyChris

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    Yea low demand never leads to hiring freezes :rolleyes:

    yuppers..just returning workers yup..
     
  15. Rogifan macrumors P6

    Rogifan

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    Where's the evidence of low demand?
     
  16. GermanyChris macrumors 601

    GermanyChris

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    Where is the evidence it's returning workers especially in light of:

    "Human resources officials at Foxconn's largest factories, local government officials and external recruiters working with the company said there had been internal notices on Tuesday and Wednesday to halt hiring until at least the end of March, in response to reduced orders for the iPhone 5"

    but please keep believing that iOS is magical and everyone is clamoring to get one. Please believe people that have vested interest in FOXCONN as a company and Apple as a company..
     
  17. macs4nw macrumors 68040

    macs4nw

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    Hi cuteeee, Please don't scratch my iPhone.....
     
  18. Rogifan macrumors P6

    Rogifan

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    #19
    When did I say anything about iOS? :confused: Foxconn has DENIED this has anything to do with iPhone 5. Why should we believe FT over Foxconn? Especially when media FUD around Apple is quite typical?
     
  19. Darth.Titan macrumors 68030

    Darth.Titan

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    What, does no one remember iPhone Girl?
     
  20. GermanyChris macrumors 601

    GermanyChris

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    "Human resources officials at Foxconn's largest factories, local government officials and external recruiters working with the company said there had been internal notices on Tuesday and Wednesday to halt hiring until at least the end of March, in response to reduced orders for the iPhone 5"

    The PR mouth at Foxconn that works for the president of the company (most likley) who has a vested interest in said company denies..

    Last I check the iPhone was an iOS device
     
  21. Nunyabinez macrumors 65816

    Nunyabinez

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    #22
    That is not a direct quote from Foxconn and we have no idea how much editorializing is in that paragraph.
     
  22. paradox00 macrumors 65816

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    #23
    This is the important part. That's probably the extent of factual information they received, the rest could be speculation on the sources or the Financial Times part. No way to know for sure.
     
  23. JAT macrumors 603

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    Of course. I'm sure a guy from (assuming) Germany, and CNN shills, know more about Foxconn employees than Foxconn brass. That's patently obvious.
     
  24. Rogifan macrumors P6

    Rogifan

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    So we're supposed to believe unnamed sources in an FT piece over an official Foxconn spokesperson? Why is the automatic assumption to always assume FUD about Apple is reality?
     

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