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[davidrussellschilling]

Foxconn to Replace 60,000 Factory Workers with Robots

Foxconn to Replace 60,000 Factory Workers with Robots

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Foxconn is one of an estimated 600 companies in the Kunshan region that is looking to replace factory workers with robots as companies look to save on labor costs and accelerate growth.(More…)

This has just been made poignantly clear in China, where Foxconn reportedly just replaced 60,000 workers with robots.(More…)

Factory workers at an electronics factory in Shenzhen,

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[theamericanbazaar]

McDonald’s may replace employees with robots in restaurants

McDonald’s may replace employees with robots in restaurants

Cheaper to buy $35,000 robotic arm than worker at $15 an hour. (more…)

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[joinchange1]

Ex-McDonald's CEO: Raising The Minimum Wage To $15 Would 'Absolutely' Kill Jobs

If lawmakers were to raise the minimum wage to $15 per hour

, it would “absolutely” kill jobs, former McDonald’s CEO Ed Rensi told Fox News host Neil Cavuto Tuesday.

Rensi, who was head of McDonald’s in the mid-1990s and now runs a burger chain of his…

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