The Nikkei media is the main source of this news and it could be true considering the stoppages that Foxconn's production lines have suffered due to the poor sales of the iPhone. It appears that the Chinese company will put out of work some 50.000 people who occupy temporary jobs in the production lines due to the low demand for the new iPhones launched last September 2018.
This is not something that is usually "a novelty" in large companies like Foxconn that have thousands of employees with this type of temporary contracts for specific moments of high demand for a product, be it an iPhone or a television. What is really surprising is that the layoffs are coming earlier than expected and it seems that the main cause is due to the low production of Apple devices.
It seems that in addition to Foxconn it also affects Pegatron
Nikkei says that normally the contracts of all these employees who are not permanent in the company end during the month of January, but this time it seems that it was not like that and several of them occurred three months earlier than usual. And the same happens to thousands of employees with temporary contracts according to the report.
The two flagship models of Apple, the iPhone XS and XS Max have not had the expected success for one reason or another, in addition the iPhone XR has not achieved objectives either and all this means that the production lines, suppliers, distributors and other companies related note the poor sales. In another company that does not mention his name, it seems that about 4.000 more workers saw extended their vacations and in March they could be fired. These are often the so-called "collateral damage" from Apple's poor sales figures.