Foxconn will create even fewer jobs than we thought, says Wisconsin governor

The Foxconn factory in Wisconsin will only create 1,500 jobs when it starts production next May, Gov. Tony Evers told CNBC yesterday. That’s far short of the 13,000 jobs that were promised when President Trump broke ground a year ago.

1,500 jobs is also short of the 1,800 jobs required for Foxconn to get the next set of tax credits under its $4 billion deal with the state. Foxconn already missed its first jobs target under that contract, hiring only 156 employees instead of the required 260 last year. Instead, Foxconn has bought a series of empty buildings for “innovation centers” around the state as part of a promised “AI 8K+5G ecosystem” (although it’s never specified what that ecosystem actually is). While Foxconn initially disputed…

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from The Verge – All Posts