Foxconn Technology Group has announced that it plans to hire nearly 400,000 additional workers in mainland China over the next 12 months.
The Taiwan-based outsourcing giant said it aims to increase its employee base to 1.3 million.
In the meantime, the company also plans to cut employee numbers at its Shenzhen plant to between 300,000 and 350,000 from the current 450,000. This plan is in line with the company's decision to improve the standard of employment and increase production efficiency.
The company said it will not shut down the Shenzhen plant where a spate of suicides among workers took place in the first half of 2010, and it will build factories closer to employees' home town so that they will be able to keep in contact with their families.
