“Apple has reported that its goal to bring supply chain workers workweek[s] to less than 60 hours has reached a 99 percent compliance rate,” James Dohnert reports for V3. “The figures are based on data collected in on working practices between December 2012 and January, this year.”
“Apple said its rules and regulations require supply chain employees to work no more than 60 hours a week,” Dohnert reports. “Current Chinese law, where many supply chain factories are located, requires employers to pay overtime to any employee who works longer than 40 hours a week.”
Dohnert reports, “In 2012, Apple and its supply chain partners began implementing standards of practice into the workforce in an effort to curb illegal labour practices. Last August, Apple said it was proud of the changes that were implemented over the year.”
Read more in the full article here.
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I did many 60 hour work weeks in tech over the years here in the good old USA (even had two 80 hour work weeks). Difference was I wasn’t paid hourly. Those on fixed Salary do it with no increase in the weekly paycheck. Being on the clock now, I’d kill to have 60 hour work weeks and take home all that extra cash. Bring it on.
So cutting hours means Apple is failing to sell products. We’re doomed I say!!! /s/
I have got to get up earlier to get a post. I was just about to say that if the WSJ printed this story, the headline would be: “Apple is cutting back on workforce hours,” products are likely not selling at all.
Well, at least AAPL hasn’t hit $420 today. Yet.
The Manipulator: Apple cuts hours, experts interpret this as meaning that Apple is failing to sell products and is doomed. Stock expected to drop to new lows.
I dunno, 60 hour weeks is still pretty brutal considering the type of job it is.
This is not some deadline driven project with an end in sight. These are not team-based projects with a sense of ownership. The skills learned do not have high end potential.
Let’s call it what it is.
This is factory work. Week after week. 60 hours, and then another 60 hours.
Sorry, I think Apple can do better, and they should get out of China.
When the alternative is working the farm, you can bet a lot of people see 60hrs/wk in a brightly-lit factory with consistent steady pay to be attractive.