Foxconn, a leading employer in China with more than 3,000,000 employees, experienced several suicide cases in the industrial campus. As part of employee management and safety standards maintenance, safety nets were installed outside the building.
Bloomberg Excerpt
Here's an excerpt from Bloomberg: 'The suicides brought Foxconn to global attention in the worst possible light—as an industrial giant that treats its workers like machines, exploiting masses of cheap labor, primarily 18-to-25-year-olds from rural areas, to manufacture products like the iPhone at seemingly unattainable prices. For Western consumers, the lost lives prompted a reflection on the true cost of their electronic devices. For the image-conscious companies partnering with Foxconn, such as IBM, Cisco, Microsoft, Nokia, Sony, Hewlett-Packard, and Apple, the suicides posed a public-relations crisis and a challenge to their offshoring strategies crucial to their profitability.'
To read more http://www.businessweek.com/magazine...5058423479.htm
Bloomberg Excerpt
Here's an excerpt from Bloomberg: 'The suicides brought Foxconn to global attention in the worst possible light—as an industrial giant that treats its workers like machines, exploiting masses of cheap labor, primarily 18-to-25-year-olds from rural areas, to manufacture products like the iPhone at seemingly unattainable prices. For Western consumers, the lost lives prompted a reflection on the true cost of their electronic devices. For the image-conscious companies partnering with Foxconn, such as IBM, Cisco, Microsoft, Nokia, Sony, Hewlett-Packard, and Apple, the suicides posed a public-relations crisis and a challenge to their offshoring strategies crucial to their profitability.'
To read more http://www.businessweek.com/magazine...5058423479.htm
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