Foxconn aims to cut $2.9 billion from expenses in 2019: Bloomberg

Foxconn aims to cut $2.9 billion from expenses in 2019: Bloomberg

6 years ago
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https://www.reuters.com/article/us-hon-hai-forecast-apple/foxconn-aims-to-cut-2-9-billion-from-expenses-in-2019-bloomberg-idUSKCN1NQ1G5

Taiwan's Foxconn aims to cut 20 billion yuan ($2.88 billion) from expenses in 2019 as the company faces "a very difficult and competitive year", Bloomberg reported on Wednesday, citing an internal memo.

Foxconn aims to cut $2.9 billion from expenses in 2019: Bloomberg

Nov 21, 2018, 12:14pm UTC
https://www.reuters.com/article/us-hon-hai-forecast-apple/foxconn-aims-to-cut-2-9-billion-from-expenses-in-2019-bloomberg-idUSKCN1NQ1G5 >Taiwan's Foxconn aims to cut 20 billion yuan ($2.88 billion) from expenses in 2019 as the company faces "a very difficult and competitive year", Bloomberg reported on Wednesday, citing an internal memo.