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Leaked memo: Foxconn aims to cut $2.9B from expenses in 2019 and eliminate ~10% of non-technical staff, as it faces "a very difficult and competitive year" (Bloomberg)
By
Eresh
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November 21, 2018
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http://www.techmeme.com/
Techmeme
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Bloomberg:
Leaked memo: Foxconn aims to cut $2.9B from expenses in 2019 and eliminate ~10% of non-technical staff, as it faces “a very difficult and competitive year” — Foxconn Technology Group, the biggest assembler of Apple Inc. iPhones, aims to cut 20 billion yuan ($2.9 billion) …
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