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Foxconn hiring 50K after job cuts report

  • Foxconn/Hon Hai (OTCPK:HNHAF, OTCPK:HNHPDsays it's trying to hire 50K workers in Q1.
  • Last week, Nikkei Asian Review reported that Foxconn had cut 50K seasonal workers in China months earlier than usual.
  • The new hiring will happen across the company's Chinese campuses.

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Hon Hai Precision Industry Co., Ltd.