Largest OEM To Replace 1 Million Employees With Robots
Taiwanese based original equipment manufacturer, Foxconn has announced that it is going to supplant its workforce with close to a million robots. The two things that Foxconn is most famous for are the spate of suicides that plagued the factory or for the fact that it manufactures most of the gizmo’s around you (including the iPad and iPhone).
At the moment the company currently employs 1.2 million workers and has around 10,000 robots as well. The number of robots will be increased to 300,000 by the end of 2012 and by 2014, it will be increased even further to 1 million. The number of workers that will be displaced by the robots is uncertain at this time. However, it would be very unlikely that Foxconn would be looking to hire over the next three years.
The Foxconn chairman Terry Gou informed workers of the plan at the company Dance Party. Not the occasion we’d have picked…
