Saturday, December 27, 2014: Taiwan-based electronics parts manufacturer, Foxconn said that it has completed all the production orders for employees to work for at the Sriperumbudur unit near Chennai and had sent the employees on ‘paid holiday leave’ status. The company said in a statement, “ FIH Mobile confirms that employees at our India operation, FIH India Pvt Ltd in Chennai, have been placed on paid holiday leave status from December 22 as that facility has completed all of its production orders.”
It said that under the local laws and regulations, all the employees of the company will receive their full salaries during these paid holidays. It said that in order to ‘clarify this arrangement’, the company had also participated in the conciliation meeting, arranged with the registered trade unions and employees.
The company further added that it will continue to work to attain an amicable compensation arrangements, while in accordance with the government and relevant labour unions, in order to provide justified and fair compensation to all the affected employees.
Meanwhile, it has also planned about restructuring of its operations in India, in a way to serve the current and future needs of its customers. It said in a statement that they will continue to consider investments in manufacturing operations in India unless they make sense commercially and also when they are consistent with the needs of their customers and their strategy for continued sustainable business growth. Soon after the firm had announced about suspending the operations at the Chennai plant, the fear among the employees of job loss was evoked.
