News
CHESTNUT HILL, MA -- Already battered by the recession, manufacturers are concerned a wave of retirements across their industry will saddle them with a shortage of qualified job applicants, huge training costs for new workers and the challenge of transferring job knowledge from one generation of workers to the next.
TAIPEI -- Compal Electronics will raise wages at its plants in China as it tries to fend off inflation and a shortage of workers, the company says.
SHENZHEN -- Foxconn Technology Group, which only last week said it would substantially raise wages of its workers here, reportedly will relocate much of its manufacturing to other sites in China.
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