Daniel Berehulak, Getty Images
Industryweek 27886 021218 Honhai Foxconn Danielberehulak
Industryweek 27886 021218 Honhai Foxconn Danielberehulak
Industryweek 27886 021218 Honhai Foxconn Danielberehulak
Industryweek 27886 021218 Honhai Foxconn Danielberehulak
Industryweek 27886 021218 Honhai Foxconn Danielberehulak

Foxconn May Slow Pace of Recruitment at New Wisconsin Plant

Jan. 21, 2019
“We need to have the agility to adapt to a range of factors, including global economic conditions.”

Foxconn Technology Group may hire workers at a slower pace for its new Wisconsin plant, adding to mounting gloom over the state of the technology industry and global trade.

The biggest assembler of Apple Inc.’s iPhones, known as Hon Hai Precision Industry Co. in Taiwan and Asia, said it has adjusted the timeframe for recruitment and hiring at its $10 billion manufacturing facility in the U.S. state.

“While Foxconn remains committed to creating 13,000 jobs in Wisconsin, we have adjusted our recruitment and hiring timeline,” the company said in a statement Friday. “We need to have the agility to adapt to a range of factors, including global economic conditions.”

The company in a separate emailed statement on Saturday said that hiring for the facility is still ongoing. Foxconn, which set up its North American headquarters in Milwaukee, said earlier the factory has already created more than 1,000 jobs.

The announcement comes amid mounting signals demand for Apple’s iPhone is flagging. Apple is said to plan hiring cutbacks for some divisions.

In November, Bloomberg News had reported that Foxconn is planning steep reduction in its expenses in 2019.

By Debby Wu and Samson Ellis

Popular Sponsored Recommendations

Empowering the Modern Workforce: The Power of Connected Worker Technologies

March 1, 2024
Explore real-world strategies to boost worker safety, collaboration, training, and productivity in manufacturing. Emphasizing Industry 4.0, we'll discuss digitalization and automation...

3 Best Practices to Create a Product-Centric Competitive Advantage with PRO.FILE PLM

Jan. 25, 2024
Gain insight on best practices and strategies you need to accelerate engineering change management and reduce time to market. Register now for your opportunity to accelerate your...

Transformative Capabilities for XaaS Models in Manufacturing

Feb. 14, 2024
The manufacturing sector is undergoing a pivotal shift toward "servitization," or enhancing product offerings with services and embracing a subscription model. This transition...

Shifting Your Business from Products to Service-Based Business Models: Generating Predictable Revenues

Oct. 27, 2023
Executive summary on a recent IndustryWeek-hosted webinar sponsored by SAP

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!