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Robots Replace 60,000 Workers at Foxconn Factory

Category: Manufacturers
Posted: 06:20PM
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Foxconn, a motherboard manufacturer that is also the supplier for Apple products, has announced that it has cut 60,000 employees at a factory located in Kunshan, a Chinese manufacturing hub. The job cuts are due to the implementation of robots at the factory, as Xu Yulian, a Foxconn spokesperson, revealed that "The Foxconn factory has reduced its employee strength from 110,000 to 50,000, thanks to the introduction of robots." The news comes a little less than a year after 146 workers lost their lives in an explosion at the Taiwanese-owned metalwork factory in Kunshan, which prompted the government to pledge 2 billion yuan per year in subsidies for the implementation of industrial robots. The move for Foxconn to replace more than half of its workforce at the Kunshan factory was also to reduce its overall costs, as many jobs within the area are being lost to other countries like India, which feature low labor costs that compete directly with China. The robots at the facility should allow for continued growth of Foxconn's operations within Kunshan.

Source: The Stack



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