Report: Foxconn may not create the 13,000 jobs it promised Wisconsin



A new report by Bloomberg News says the global manufacturer Foxconn may not deliver what it promised to the state of Wisconsin. Austin Carr, technology reporter at Bloomberg, joined CBSN to discuss what they learned.

Subscribe to the CBS News Channel HERE: http://youtube.com/cbsnews
Watch CBSN live HERE: http://cbsn.ws/1PlLpZ7
Follow CBS News on Instagram HERE: https://www.instagram.com/cbsnews/
Like CBS News on Facebook HERE: http://facebook.com/cbsnews
Follow CBS News on Twitter HERE: http://twitter.com/cbsnews

Get the latest news and best in original reporting from CBS News delivered to your inbox. Subscribe to newsletters HERE: http://cbsn.ws/1RqHw7T

Get your news on the go! Download CBS News mobile apps HERE: http://cbsn.ws/1Xb1WC8

Get new episodes of shows you love across devices the next day, stream CBSN and local news live, and watch full seasons of CBS fan favorites like Star Trek Discovery anytime, anywhere with CBS All Access. Try it free! http://bit.ly/1OQA29B


CBSN is the first digital streaming news network that will allow Internet-connected consumers to watch live, anchored news coverage on their connected TV and other devices. At launch, the network is available 24/7 and makes all of the resources of CBS News available directly on digital platforms with live, anchored coverage 15 hours each weekday. CBSN. Always On.

source

You May Also Like

About the Author: Rafael

ANGELHOUSE Β© 2009 - 2018 | HOSTING BY PHILLYFINEST369 SERVER STATS| & THE IDIOTS ROBOT AND CONTROL INC. |(RSS FEED MODULE)| ALL YOUTUBE VIDEOS IS A REGISTERED TRADEMARK OF GOOGLE INC. THE YOUTUBE CHANNELS AND BLOG FEEDS IS MANAGED BY THERE RIGHTFUL OWNERS (AVNBLOGFEED.COM)

31 Comments

  1. The Republicans rushed this deal through without any input from those who had serious doubts about the job numbers and the yearly wages. If it sounds to good to be true then in reality it's a lie.

  2. 600,000 manufacturing jobs created to date. CBS is very fake news and Americas enemy.

    TRUMP 2020 πŸ‡ΊπŸ‡ΈπŸ‡ΊπŸ‡ΈπŸ‡ΊπŸ‡ΈπŸ‘πŸΌβœŒπŸΌ

  3. 4.5 billion subsidies? Wtf? 13000 jobs… You could literally give 13000 people 350k each… How is that a remotely good deal? So Trump hates socialism but it's ok to just give some corp billions? Not a loan! Free money! Where is the investment engagement of that corporation? Where is the risk/reward business structure? Hey, give me that 4.5b, i'll pay a min wage to 13000people for 10 years… Still gonna walk away with > 500mil, without lifting a finger… Working as intended, right?

  4. Americans should take this as a good thing because in actuality, Foxconns track record for unhappy employees is staggering. The simple fact they deploy suicide nets around their Asian factories should be a eye opener for what Trump thought was good about American past. Back then the average US employee was living in abject poverty as a handful of wealthy families took advantage of their lack of education or power to change their monopolized social circumstances. Why socialist party and socialist acts became popular in the early 20th century. Of course corporate propaganda steps in and tells you the one thing stopping them from taking advantage of you is supposedly the most dangerous system. Socialism which allows the middle class to thrive on public schools, university acces, healthcare, public infrastructure, labor rights (ERISA-1974) New deals and Great societies. Trump thinks socialism is bad because people like him can't take advantage or gamble with your future like they use to get away with just prior to the 90's

  5. Unless Apple, Amazon were going to pay Foxconn more for the parts, why would Foxconn bring jobs to the US where wages and regulations will make them unprofitable?

Comments are closed.