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Foxconn/Apple: China’s Covid failure triggers golden goodbyes for workers

Workers at Apple’s largest iPhone factory in China have the chance to score the single biggest short-term payout in Foxconn’s history. Just weeks after the Taiwanese group offered bonuses to recruit workers, it is offering them bonuses to leave. The phrase “rising labour costs” does not begin to describe the challenges confronting the devices maker, the contract manufacturer and their peers in west and east.