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Foxconn Won’t Reduce Its Workforce Next Year, Gou Says

(Corrects official’s name in headline and second paragraph in story published Nov. 19.)

Nov. 19 (Bloomberg) -- Foxconn Technology Group won’t cut jobs next year in response to uncertainties in the global economy, Chairman Terry Gou said in an internal meeting in Shenzhen, China, according to a report by state-run Xinhua News Agency.

Foxconn will make 300,000 robots in 2012 as the company boosts automation in manufacturing, Gou said, according to the report.

Link to Company News: {2354 TT <Equity> CN <GO>}

To contact the reporter on this story: Michael Tighe at mtighe4@bloomberg.net

To contact the editor responsible for this story: Dave McCombs at dmccombs@bloomberg.net

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