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More Foxconn layoffs in China and Taiwan

Kung-Tien Huang, Taipei; Joseph Tsai, DIGITIMES Asia Monday 22 December 2008 0

Foxconn Electronics (Hon Hai Precision Industry) chairman Terry Gou has said that the economic crisis is three times worse than expected and that Foxconn will have to issue more layoffs in order to reduce the company's operating costs.

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