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Foxconn refutes rumors of staff cuts

Ninelu Tu, Taipei; Joseph Tsai, DIGITIMES Asia Thursday 29 September 2011 0

Foxconn Electronics (Hon Hai Precision Industry), has denied recent market rumors that company chairman Terry Guo hopes to cut the company's workforce by 30% over the next five years to reach its goal of reducing manpower by half, while doubling capacity,...

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