Foxconn has reduced 60,000 employees as the company has replaced robots in place of the workers.
Earlier, Foxconn had 110,000 employees, now the number has reached 50,000.
The Foxconn factory has reduced its employee strength from 110,000 to 50,000, thanks to the introduction of robots.
It has tasted success in reduction of labour costs.
It seems that the major tech companies are adopting robots instead of labor force.
Foxconn has taking steps to replace labourers with robots for a long time.
It is likely that the company is taking this step to increase profit and save money.
