Foxconn Fires 25% Of India Workers As Demonetization Destroys Sales
by Tyler Durden
ZeroHedge.com
Dec 11, 2016
While piecemeal anecdotes and surveys have already exposed the devastation that PM Modi’s demonetization plan has had on the Indian economy, tonight we see the first hard evidence as Foxconn has asked 25% of its workforce to leave after the cash ban caused sales to collapse by 50% forcing the company to slash production by half.
The Rest…HERE
