Key Apple supplier Foxconn slows down its hiring
Apple supplier Foxconn said it is temporarily slowing down recruitment in its factories in China. The move comes amid questions about the enduring demand for the iPhone 5.
A Foxconn representative said in an e-mailed statement to CNET that the decision was "due to an unprecedented rate of return of employees following the Chinese New Year holiday compared to years past."
However, the Financial Times reported a more drastic move -- a hiring freeze -- and attributed it to fewer orders for the iPhone 5.
Foxconn denied that the move was related to any single customer and added … Read more