Foxconn might slow hiring at its Wisconsin plant

in 2017, Foxconn has said that its $10 billion manufacturing plant in Mount Pleasant, Wisconsin would eventually create upwards of 13,000 jobs, lured to the state by lucrative state subsidies to reinvigorate manufacturing in the area. While the plant is still under construction, initial hiring appears to be slow, and the company says that it’s “adjusted our recruitment and hiring timeline,” due in part to global economic conditions and a tight labor market in the state. On Friday, The Wall Street Journal reported that the company “fell short of the minimum number of jobs it was required to create in 2018 to claim state-job creation tax credits.” The Wisconsin Economic Development Corp says that the company needed to create 260 full-time... Continue reading…