To be pedantic, it's jobs, not work.
No, I agree with the earlier poster, skam240. Your observation about "There's always plenty of work" just means that capitalism can always be applied, contrary to skam240's assertion that somehow we can run out of work. A job is just some amount of work done by a human.
Reality doesn't conform to your theory. Foxconn is in relatively obstacle free China, with relatively low labor costs, and this story is telling us they too are looking to reduce human jobs.
That's not in the story. What is actually in the story is that they are automating some jobs which are particularly amenable to automation. I imagine the degree of automation is probably being exaggerated as well. But in a fluid society like China, the people who no longer work for Foxconn, can now get work elsewhere. And because they've worked for Foxconn, they're now more experienced and skilled than before.
But in a more static, employer hostile society like most of the developed world, where are the new jobs going to come from when automation replaces jobs? I see this story being misused as a rationalization for not bothering to fix the problems of the developed world where considerable effort to make workers' lives better has backfired terribly. You can't encourage a trade such as employment by heavily favoring one side.
And I think it's only a short jump from idealistic but clueless top-down efforts to attempt to improve workers' lives to the creation of massive, multinational, oligopolistic corporations, the only forms of businesses that can survive such a hostile environment. A centralized mechanism for improving the lives of workers is far easier to derail and corrupt. It also creates a massive economy of scale since huge businesses can exploit such revenue streams to incredible lengths.