Foxconn, the world’s biggest electronics contract manufacturer, plans to hire up to 400,000 new staff in the next year as it revamps its business in the wake of a rash of staff suicides.
The Taiwan-owned company will boost its China workforce to between 1.2 million to 1.3 million people after sales soared 50% in the first half of the year, Bloomberg reported.
Company executives said at a press conference in Shenzhen yesterday they would establish more plants in inland provinces Henan and Sichuan because they are closer to workers’ homes.
A dozen workers have jumped to their deaths at Foxconn’s Shenzhen plant this year, drawing international scrutiny to the firm’s operations, where it assembles products for Apple, HP, Dell and other major western brands.
The company expects to reduce its workforce in Shenzhen over the next five years from 470,000 now to between 300,000 and 350,000, planning to convert factories into R&D and quality-testing centers, WSJ reported.
Louis Woo, special assistant to chairman Terry Guo, said Foxconn plans to cut overtime to 36 hours a month from about 80 hours now, the Journal reported.