Chinese giants under pressure as pay rises

Featured image of the article Chinese giants under pressure as pay rises
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7 December 2022 à 16h48

Updated on 9 December 2022 à 13h29

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1 minute

Publication: 7 December 2022 à 16h48, Updated on 9 December 2022 à 13h29

Reading time: 1 minute

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Publication

7 December 2022 à 16h48

Updated on 9 December 2022 à 13h29

Reading time

1 minute

Publication: 7 December 2022 à 16h48, Updated on 9 December 2022 à 13h29

Reading time: 1 minute

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On 22 November, violent protests broke out at the Foxconn factory in Zhengzhou, China. Employees of the Apple supplier protested against poor pay for new workers and continued Covid-19 restrictions.


In response to the uprising, the company offered the new workers US$1,400 the next day to stop the protests. Protesters stopped rallies after receiving the offer, fearing an even more violent crackdown.


Meanwhile, JD.com has announced that it will cut salaries of more than 2,000 senior managers by...

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