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Demonetisation Is Becoming A Curse for Employees: Mobile Companies On A Layoff-Spree?

foxconn india employee on leave
Demonetization has shaken the mobile phone market, leading to a huge decline in sales. The feature phones and budget phones faced the maximum burnt. Consumers of these phones mostly prefer to pay by cash, which has now become the sole reason for the decline in sales.As an aftermath of this effect, companies are now laying off their workforces to reduce...

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