Bloomberg News

Foxconn Won’t Reduce Its Workforce Next Year, Gou Says

November 20, 2011

(Corrects official’s name in headline and second paragraph in story published Nov. 19.)

Nov. 19 (Bloomberg) -- Foxconn Technology Group won’t cut jobs next year in response to uncertainties in the global economy, Chairman Terry Gou said in an internal meeting in Shenzhen, China, according to a report by state-run Xinhua News Agency.

Foxconn will make 300,000 robots in 2012 as the company boosts automation in manufacturing, Gou said, according to the report.

To contact the reporter on this story: Michael Tighe at mtighe4@bloomberg.net

To contact the editor responsible for this story: Dave McCombs at dmccombs@bloomberg.net


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