Pegatron plant freezes new jobs in Shanghai
Contract producer for iPhones cites tough market conditions At its peak, the Pegatron Technology (Shanghai) Co Ltd factory in Shanghai was chock-a-block with job seekers looking for opportunities to work on United States' tech giant Apple Inc's latest flagship products.
Much of that demand arose after the Shanghai unit of Pegatron, contract manufacturer from Taiwan, was given the task of making Apple's next-generation iPhone 6S as well as iPads. Such was the demand that the facility was often teeming with prospective job seekers.
Jump to the present. The huge facility sports a deserted look. Gone are crowds waiting for job interviews or others who come to enquire about possible job openings. The facility, which at its peak employed around 100,000 people, has temporarily suspended hiring as demand for Apple products has waned considerably.
