Apple stock plummeted recently after a rumor went around that Foxconn had instituted a hiring freeze based upon a slowdown in iPhone 5 production. Foxconn quickly and emphatically deniedthat the freeze had anything to do with the iPhone 5… but what was the cause of the hiring freeze, then?
Here’s an interesting theory: Foxconn had to freeze hirings this year because, under pressure from Apple, they are treating employees so much more nicely that workers are no longer abandoning their jobs in droves after Chinese New Year.