Foxconn laid off employees due to the poor sales performance of Apple new products
Posted On November 6, 2018
Apple has cut 10% of deals agreed with the Chinese OEM leader, Foxconn, which has resulted in redundancies throughout the factory. It was reported earlier this year that Apple had reduced its production in the first quarter because of the lower-than-expected sales performance which led to shorter working weeks and shutdowns for parts suppliers. At present, Apple has suspended the sales data publications on key devices such as iPhone and iPad.