FAST FIVE: Foxconn Offers Workers $1,400 To Leave China IPhone City After Mass Chaos
By Thursday morning, the move appeared to work as clashes with security guards seemed to have diminished. A message obtained by CNN and Financial Times advised workers to “please return to your dormitories,” and in return, they would receive 8,000 yuan if they agreed to leave Foxconn.
The Apple supplier said it would honor contractual obligations. “Foxconn promised big money – up to Rmb15,000 a month – to quickly recruit thousands of new workers, but it doesn't seem to have materialized.
That is why workers were so disappointed.
Apple has been shifting some production to India.
There's still no official statement on how large the disruption will be. Tyler Durden Thu, 11/24/2022 – 09:15.