The company typically renews workers contracts every month from August until January.
The company then reduces the influx of temporary employees once the demand decreases.
However, this time around, Foxconn has cut many of those contract jobs months earlier than expected.
Weaker demand for the iPhone throughout late 2018 is believed to be the reason behind the cut.
Its quite different this year to ask assembly line workers to leave before the year-end.
This year, those reductions came as much as three months early.
Foxconn isnt the only Apple supplier making cuts.
A similar story has been witnessed at Pegatron, which is Apples second largest iPhone assembler.
And for [2018], it just happened sooner than in the past because of poor demand.
The story is no different in case of smaller suppliers either.
The company has not actively laid off those workers yet.
It will decide whether or not to lay them off after March 1, the source said.
source: www.techworm.net
