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Foxconn founder tells Sharp staff layoffs needed to begin revival

Published Fri, May 13, 2016 · 09:50 PM

Tokyo/Taipei

FOXCONN founder Terry Gou says there will have to be layoffs at Sharp Corp to turn around the ailing Japanese company, but has pledged that wages will rise and profit-sharing will again be the norm.

"Unfortunately, a close review of the company's operations makes it cle…

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