- cross-posted to:
- economy
- technology
- cross-posted to:
- economy
- technology
Taiwan Semiconductor Manufacturing Company (TSMC), one of the world’s largest advanced computer chip manufacturers, continues finding its efforts to get its Arizona facility up and running to be more difficult than it anticipated. The chip maker’s 5nm wafer fab was supposed to go online in 2024 but has faced numerous setbacks and now isn’t expected to begin production until 2025. The trouble the semiconductor has been facing boils down to a key difference between Taiwan and the U.S.: workplace culture. A New York Times report highlights the continuing struggle.
One big problem is that TSMC has been trying to do things the Taiwanese way, even in the U.S. In Taiwan, TSMC is known for extremely rigorous working conditions, including 12-hour work days that extend into the weekends and calling employees into work in the middle of the night for emergencies. TSMC managers in Taiwan are also known to use harsh treatment and threaten workers with being fired for relatively minor failures.
TSMC quickly learned that such practices won’t work in the U.S. Recent reports indicated that the company’s labor force in Arizona is leaving the new plant over these perceived abuses, and TSMC is struggling to fill those vacancies. TSMC is already heavily dependent on employees brought over from Taiwan, with almost half of its current 2,200 employees in Phoenix coming over as Taiwanese transplants.
Freedoms are good to protect, but protecting people most of the time and giving them freedom to live a prosperous life is most important. And the freedom at-will employment gives you is overshadowed by the freedom it gives companies to have employees bear the risk, while hoarding all the profits.
Your argument only holds true for a small subset of employees and even then, their market value overshadows the need for the flexibility.
I’ll leave it at that, and if you spout corporate propaganda that has been ingrained into you from birth… I’ll call it like it is.
Both parties bear the risk. It’s hard and expensive for companies to replace most people in developed economies. Have you ever been fired with no notice? Because my understanding is workers quit a lot more often than they get fired(or at least that’s what I’ve done).
My beliefs are based on a consistent set of ethics. Stop insulting me.
Yeah, your consistent set of ethics can go fly a kite.
Profits are supposed to be reimbursement for the investment and the risk involved. In an at-will environment employers have shifted all the risk involved with employing people onto the employee, while keeping the profits.
So your consistent set of ethics means exploiting people is OK, hoarding profit is OK and selling corporate greed under the guise of “freedom” based on false claims is OK. I’d suggest re-evaluation of your ethics.
How is it not? In small businesses wages are often more than the dividends. As in, employees get paid first, ask any small business owner about that.
Yes. But it means you’re not wanting to fire people randomly most of the time.
It doesn’t make employees disposable, see above. People quit far more often than they’re fired.
But like I said, I’m not even talking about this from the perspective of the employer, but instead from the employee. Money is more replaceable than time, and it is not ethical to trap someone in a situation that makes them hate their life for a month.
I suggest next time you use all your employee negotiating power, to negotiate an “escape clause” in your contract and leave the labor laws in tact for all people that cannot do that negotiation.
Let us know how the negotiations went!
nah I don’t have that negotiating power