Slashdot Mirror
Apple Pledges $1 Billion Toward Creating Manufacturing Jobs In US (cnbc.com)
Apple announced today plans to create a $1 billion fund to promote creation of advanced manufacturing jobs in the U.S. Cook told CNBC in an interview that Apple will announce the first investment later in May. CNBC reports: "By doing that, we can be the ripple in the pond. Because if we can create many manufacturing jobs around, those manufacturing jobs create more jobs around them because you have a service industry that builds up around them," the CEO said. Apple has already created two million jobs in the United States, and Cook showed no signs of shrinking the tech giant's reach. "A lot of people ask me, 'Do you think it's a company's job to create jobs?' and my response is [that] a company should have values because a company is a collection of people. And people should have values, so by extension, a company should. And one of the things you do is give back," Cook said. "So how do you give back? We give back through our work in the environment, in running the company on renewable energy. We give back in job creation."
Workers do not have overtime, do not have a lot of other protections.
Workers in China have a right to overtime pay. It isn't always enforced, but it is certainly enforced in the export factories in Shenzhen. Chinese workers in non-SOE companies also have a right to strike. Chinese workplace health and safety regulations are not as strict as OSHA, but they are reasonable, and they are enforced in Shenzhen.
Some workers seem to essentially be prisoner to the company town
Bullcrap. Some factories have dormitories, but living in them is optional, and most workers do not live there. This isn't the 1990s.
shopping in company stores
More bullcrap. I have never seen a "company store" in Shenzhen. It is a bustling metropolis with plenty of options for shopping, and there are no restrictions on how or where people can spend their money.
Have you ever been to China?