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TAIPEI (Reuters) – Taiwan’s Foxconn (2317.TW), assembler of Apple Inc’s (AAPL.O) iPhones, on Tuesday said it was trying to recruit for more than 50,000 positions across its China campuses for the January-March quarter, amid reports of mass lay-offs. The world’s largest contract manufacturer, formally known as Hon Hai Precision Industry Co Ltd, said in a stock exchange filing that changes in employee numbers were part of its usual adjustments based on global strategy and clients’ needs louis philippe cufflinks.
Last week, the Nikkei reported that Foxconn had let go around 50,000 contract workers in China since October, months earlier than normal. “Efforts are in progress to recruit for more than 50,000 positions across our China campuses in Q1 2019,” the company told Reuters in an email when asked whether it was actively hiring. The Nikkei report came weeks after Apple cut current-quarter production for new iPhones by 10 percent in the face of slowing demand in China, the world’s largest smartphone market louis philippe cufflinks.
Chipmaker Samsung Electronics Co Ltd (005930.KS) and other tech suppliers have also warned of a tech slowdown going into 2019. Foxconn, which sources said makes roughly half its revenue from Apple, reported an 8 percent fall in December sales earlier this month. At Foxconn’s campus in Zhengzhou in central China, thousands of temporary contract workers and some regular staffers left of their own accord due to the lack of weekend work, trimmed overtime opportunities, and reduced or canceled peak-season bonuses, five production line workers there told Reuters last month louis philippe cufflinks.
OSLO (Reuters) – Apple (AAPL.O), L’Oreal (OREP.PA) and Mitsubishi Electric (6503.T) are among more than 120 global firms which scored top marks in a ranking of corporate efforts to slow climate change louis philippe cufflinks. Many companies say they are stepping up action on climate change since almost 200 governments struck the 2015 Paris climate agreement to phase out greenhouse gas emissions this century by shifting from fossil fuels. But only two percent of 6,800 firms that submitted data made the “A List” of CDP’s index, including Johnson & Johnson(JNJ.N), Nestle (NESN.S), China Mobile [CHNMC.UL] and Microsoft (MSFT.O)..
London-based CDP, formerly the Carbon Disclosure Project, said its data showed the shares of its index leaders tend to outperform on stock markets. Companies are coming under increasing pressure from shareholders to address climate change louis philippe cufflinks. CDP said the STOXX Global Climate Leaders index, based on the CDP A List, outperformed the STOXX Global 1800 of major firms by 5.4 percent a year from December 2011 to July 2018. “We think (climate action) is a lead indicator of quality in other areas, especially sustainability and management,” Dexter Galvin, global director of corporates and supply chains at CDP, told Reuters ahead of the index publication on Tuesday..