Foxconn’s huge iPhone factory in China rocked by new worker unrest

Images on the internet show hundreds of workers protesting Surveillance cameras and windows smashed by men with sticks Workers complain about unpaid wages and insufficient food Foxconn says it is working to prevent a recurrence of violence SHANGHAI/TAIPEI, Nov 23 (Reuters) – Hundreds of workers took part in protests at Foxconn’s (2317.TW) flagship iPhone factory … Read more

Analysis: China’s grand reopening may come too late for many businesses

SHANGHAI, Nov 22 (Reuters) – The culinary tourism business of Brian Bergey and his wife Ruixi Hu has held up in China during three years of severe COVID-19 restrictions. But just as excitement in global financial markets mounts that the world’s second-largest economy can finally emerge from its isolation next year, the two pack their … Read more

Younger Chinese reject factory jobs that drive the economy

SHENZHEN, Nov 21 (Reuters) – Growing up in a Chinese village, Julian Zhu saw his father only a few times a year when he returned for vacation from his exhausting job at a textile factory in southern Guangdong province. For his father’s generation, factory work was a lifeline out of rural poverty. For Zhu, and … Read more

Amazon is going to lay off thousands of employees Source

Nov 14 (Reuters) – Amazon.com Inc (AMZN.O) plans to lay off about 10,000 employees in business and technology roles starting this week, a person familiar with the matter said Monday, in what would amount to the largest such reduction to date. The cuts, previously reported by the New York Times, would cut about 3% of … Read more