Foxcon

Foxcon CEO Criticizes China’s “Unreasonable” Restrictions on Overtime Hours

Speaking at the annual shareholder meeting, Foxconn Technology Group’s CEO Terry Gou criticized China’s “unreasonable” restrictions on overtime hours, saying that his workers actually want to work more hours and that forcing them to put in less time reduces their income, while also affecting the company’s competitiveness, Bloomberg reports. The billionaire chief was addressing criticism over practices such as allowing overtime to...