Robots Taking Over: Foxconn Terminates 60,000 Employees, Hires Robots!
The rise of automation and the dawn of robots
in manufacturing is now becoming so mainstream that its no longer a
‘futuristic’ proposition.
In one of the largest terminations ever
recorded in human history, iPhone manufacturer Foxconn has decided to
fire 60,000 employees in one single go. Earlier this factory
based out of Kunshan in Jiangsu province of China had 110,000 employees, but
now, it will only have 50,000 human employees.
Robots have been introduced in a massive
manner, and tasks of these 60,000 terminated
employees would now be done by these robots.
Department’s head Xu Yulian said,
“The Foxconn factory has reduced its employee strength from 110,000 to 50,000,
thanks to the introduction of robots. It has tasted success in reduction of
labour costs,”
And the interesting aspect is that, almost
all of the 600 major manufacturing companies based in Kunshan are about to fire
humans, and assign their tasks to robots. In fact, 35 biggest
manufacturing companies from Taiwan, including iPhone’s main manufacturer
Foxconn have spent a collective 4 billion yuan or HK$4.74 on improving and
optimizing automation.
And this recent termination of 60,000 humans
is just the start.
The Rise of Automation in India: Story So Far
Termination of 60,000 employees in one single
go is no small news; and despite this happening in China, Indian employees and workers should be
informed, educated and alert about the major transformation
which is inevitable, and happening really fast.
Earlier this year, we reported that top
Indian IT companies hired 24% less employees; and automation is
the reason for this sharp decline. Cognizant Technologies was the company which
was impacted to the max, as they hired 74.6% less employees in 2015, solely due
to rise in automation.
Just like Taiwanese manufacturers, Indian IT
biggies like Infosys and other companies are increasingly spending their
capital on automation research and development,
because they are aware that this is the future.
Nasscom has already stated that 50% of all IT jobs in India will
vanish as automation and robots will take over the jobs in India;
World Economic Forum or WEF has predicted that automation, robotics and technology
will kill 51 lakh jobs by 2020.
Source | http://trak.in/
Regards
Pralhad
Jadhav
Senior
Manager @ Library
Khaitan
& Co
Best
Paper Award | Received the Best Paper Award at TIFR-BOSLA National Conference on
Future Librarianship: Innovation for Excellence (NCFL 2016) on April 23,
2016. The title of the paper is “Removing
Barriers to Literacy: Marrakesh VIP Treaty”
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