Some worried observers in Wisconsin express alarm at the announcement
Taiwan News
Date: 2018/02/11
By: Duncan DeAeth, Taiwan News, Staff Writer
TAIPEI (Taiwan News) – The Innolux company (群創光電), a part of the Foxconn
File Photo: Foxconn Factory, August 2015. (By Associated Press)
corporation responsible for producing display panels, announced that it will be cutting 10,000 jobs from its workforce in Taiwan and moving to an automated production line.
The news was confirmed this week by Foxconn honorary chairman Tuan Hsin-Chien, saying that Innolux was preparing to cut its workforce by approximately 16 percent in 2018, reports the Inquirer.
At a press conference, Tuan stated that Innloux was preparing to reduce its workforce from over 60,000 down to below 50,000. The reduction in the workforce is planned to coincide with a new manufacturing system that will automate about 75 percent of the display panel production process. [FULL STORY]
