Foxconn workers complain after Apple cuts hours(reuters.com)
reuters.com
Foxconn workers complain after Apple cuts hours
http://www.reuters.com/article/2012/03/30/us-apple-foxconn-workers-idUSBRE82T0FC20120330
2 comments
JoeAlpha100 wrote:
The kek problem is not the workers working overtime too much. It is Apple and Foxccon who squeezed the OEM margin too low and Apple’s profit margin unreasonably high.
The iPhone price could remain unchange and Chinese works earn $1 more per hour, if Apple cuts its profit margin from 33% to 32%.
A 33% or 30% profit margin is already too bloody.
A 33% or 30% profit margin is already too bloody.
"We have just been told that we can only work a maximum of 36 hours a month of overtime. I tell you, a lot of us are unhappy with this. We think that 60 hours of overtime a month would be reasonable and that 36 hours would be too little," she added. Chen said she now earned a bit over 4,000 yuan a month ($634).