- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
Currently, Foxconn’s labor union in headed by a senior member of the company’s management. However, it has now announced that voting to elect a chairman and 20 union members will be conducted every five years. Taiwan-based Foxconn employs around 1.2 million workers across China.
“The process through which Foxconn’s current labor union representatives were chosen was not democratic because there was no open and transparent nomination of candidates, and it is not representative because more than half of the committee members are from management,” a person working on the election plans told the Financial Times.
Don’t Miss: What Can Apple Do To Woo Back Investors?
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.