The chinese are offshoring their work to find cheaper labor… The market leading computer manufacturer Foxconn is planning a new $1 billion facility in Indonesia. The new manufacturing plant will create around 1 million jobs in the region. Foxconn is currently discussing its plans with the Indonesian Ministry of Industry. Foxconn already operates several …
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Amazon.com added 9,400 employees to its payroll in the quarter ended March 31. That’s the biggest single quarter of headcount growth in Amazon’s history. The company now employs 65,600 full- and part-time workers worldwide. With its current trajectory, Amazon is rapidly approaching Microsoft in size. Microsoft employs more than 93,000 but hasn’t been growing as …
Continue reading “Amazon has more than tripled it’s workforce since the recession began (and ended)”
The largest private employer in China, Foxconn with over 1 million employees, is finally facing stiff labor costs. This is great news for the U.S. manufacturing sector who may be able to lure some work back to the United States. It will be interesting to see how this affects the global market, but for now …
Continue reading “One million robots in three years – Foxconn’s Robot Kingdom”