Apple assembler Foxconn cuts 50,000 seasonal workers ahead of schedule

What's unusual isn't the size of the cuts but the timing, Nikkei sources noted. Contracts would normally be renewed every month between August and mid- to late January, so dismissals before the end of the year are "quite different," one source said. Similar layoffs are happening at other companies in the iPhone supply chain, such as at fellow assembler Pegatron, which began terminating monthly contracts in November.
Read more: https://appleinsider.com/articles/19/01/18/apple-assembler-foxconn-cuts-50000-seasonal-workers-ahead-of-schedule?source=Snapzu