Top
20°

Foxconn axes suicide compensation, relocating some production to Vietnam or Taiwan

At yesterday's annual shareholder meeting, Foxconn revealed that it'll no longer be compensating families of dead employees as a move to discourage further suicides. CEO Terry Gou reasoned by exhibiting evidence that showed the money -- an amount almost equivalent to ten years' worth of salary -- was a major motivation for the suicides.

Read Full Story >>
engadget.com
The story is too old to be commented.