A subsidiary of Taiwan-based Foxconn/Hon Hai Technology Group has announced plans to reduce its workforce in Plainfield. Q-Edge Corp. says it will lay off more than 150 employees at the Hendricks County facility over the next three months.
In a notice to the state, Q-Edge says the layoffs are "due to changes in our business and production objectives." The company says the layoffs are expected to begin "shortly," though a specific time frame was not given.
The majority of the affected positions include manufacturing and assembly employees, as well as related office personnel. The layoffs are expected to be permanent, however the company says "Should the Company experience a return of such business, these employees may be considered for rehire, but this cannot be determined at this time."
Inside INdiana Business has reached out to Foxconn for more information.