TAIPEI – The China Economic News Service is reporting Foxconn isconsidering layoffs of up to 10 to 15% of its staff by year-end.
A layoff in that range translates to 60,000 to 90,000 staff, based on Foxconn’s reported employment figures.
The company regularly evaluates personnel and has laid off about 5% of its staff annually for the past several years, Foxconn spokesperson C.A. Ting is quoted as saying. However, it’s unclear how many of those layoffs are due to cost containment versus worker competency.
SMYRNA, GA – Registration for Virtual PCB is now open. Virtual PCB, sponsored by UP Media Group, is the industry's first virtual tradeshow for the PCB design, fabrication and assembly industry.
The online event will take place Nov. 12 – 13.
The free, two-day show can be accessed from anywhere in the world via a computer.
Virtual PCB provides on-demand educational presentations; private communications with exhibitors and other attendees; worldwide access to exhibitor booths and sessions; downloadable literature and product brochures; white papers; live, scheduled group chats with industry experts; live group chats with peers, and auditorium content.