On the heels of a report that Foxconn Technology Group will cut jobs and corporate costs, two subsidiaries of the company announced plans for layoffs Wednesday at a manufacturing facility in Indiana.
Two Foxconn subsidiaries plan to lay off 155 employees at a facility in Plainfield, Indiana, over the next three months, according to a report from the Indianapolis Business Journal.
Q-Edge Corp. and Foxconn/Hon Hai Logistics California LLC notified Indiana officials of the impending layoffs Wednesday, the weekly newspaper reported.
The subsidiaries are laying off manufacturing and assembly workers as well as related office staff, the report said.
The companies are attributing the layoffs at their facility at 1581 S. Perry Road to “changes in our business and production objectives,” according to the notice filed with the state.
The manufacturing facility will remain open, but the companies did not specify how many people would continue to be employed there, the Indianapolis Business Journal reported. Read the full story here.