Observer Jun shared a news about Foxconn's withdrawal from the mainland today. Since the investigation into the turmoil, Foxconn has begun to close its factories in China at a faster pace. Foxconn campuses in Zhengzhou and Shenzhen have both shut down some production lines this year and have significantly reduced the number of employees. At the same time, Foxconn has accelerated its investment in the Indian region, recently announcing the establishment of a semiconductor factory in India. This decision has sparked speculation and discussion about whether Foxconn's departure is a good thing or a bad thingIn the following, we will analyze the impact of Foxconn's departure from the mainland on the lives of ordinary people and make some recommendations.
Foxconn is the largest manufacturing plant in the country, once employing more than one million people. If the demand for labor at Foxconn's mainland factory plummets, nearly a million people will be at risk of losing their jobs. In the current employment environment with serious involution, the increase in the number of unemployed people will make the competition for jobs more intense. Many unemployed employees may be burdened with debts such as mortgages and car loans, and have children in school, and they will face greater social risks and life difficulties after being unemployed.
For this problem, we should not just stand in the perspective of a bystander, but be aware of the existence of the butterfly effect. A small butterfly fluttering its wings can trigger a huge tornado in the distance. Similarly, the ripple effect of nearly a million people losing their jobs will have far-reaching consequences for society as a whole. As a result, each of us could be affected by the wave of departures.
Gou's decision to build a semiconductor factory in India was not just due to cost considerations. Compared with mobile phone foundry, the chip manufacturing industry is more profitable, which can be confirmed by TSMC's success. When TSMC builds a foundry, it does not think too much about the cost, and pays more attention to the quality of the labor force. However, China is significantly ahead of India in terms of labor quality. Despite this, Foxconn has chosen to build a high-end chip manufacturing plant in India, suggesting that Foxconn's withdrawal is not just due to cost considerations.
We will not discuss the deeper reasons behind Foxconn's departure from the mainland, after all, it is easy to be limited when it comes to sensitive topics. Next, we will focus on analyzing the impact of Foxconn's departure on the lives of ordinary people, and how to deal with it.
1.Reduced employment opportunities: Foxconn's departure from the mainland will lead to an increase in the number of unemployed, further increasing employment pressure. Therefore, it is important for people who are still working at Foxconn or similar companies to upgrade their skills and learning abilities to prepare for a more competitive job market in the future.
2.Declining income: Foxconn is the main source of income for many people**, and its departure will result in a reduction or even a complete loss of income for some people**. In the face of such a situation, we must face it rationally, reduce the level of living consumption, and actively look for other income** to alleviate economic pressure.
3.Increased risk to social stability: An increase in the number of unemployed people may lead to an increase in social instability. People who have lost their stable jobs may face difficulties in life, and their emotions and behaviour may be affected, negatively impacting social security. Therefore, it is important to establish a social safety net to support and assist the unemployed.
1.Enhance your personal capabilities: In an increasingly competitive job market, we should constantly improve our skills and learning capabilities. This will not only increase employment opportunities, but also lay a solid foundation for your future development.
2.Diversify your income**: Reduce your reliance on a single career and explore other incomes**. Different forms of work, such as entrepreneurship, part-time, freelancing, etc., can be considered to increase income and reduce economic risks.
3.Plan your finances: The loss of Foxconn is likely to have an impact on the family's finances, so we need to review and optimize our finances. Rationalize spending, plan savings, and manage debt to cope with uncertain economic conditions.
4.Strengthen social support and assistance: In the face of the difficulties brought about by the wave of unemployment, the society should strengthen support and assistance for the unemployed. Establish a sound social safety net, provide corresponding employment training, reemployment assistance and other policies and services, and help the unemployed find better job opportunities.
In conclusion, we should realize that Foxconn's withdrawal from the mainland is not something we can prevent, because they are not Chinese companies and have no moral pressure. As ordinary people, we must do a good job of self-protection in advance. In the face of the uncertainty to come, we should prepare in advance, improve our personal capabilities, and find diversified income**. In addition, we must fully understand the impact of Foxconn's departure and actively assess and respond to the risks we may face. Adapt to changes, adjust mentality, and gradually establish a way of life that adapts to the new situation, in order to be invincible in the future competition.