Foxconn has been hit with multiple suicides at its Chinese factories as ten workers have died this year. The deaths are blamed on low morale and harsh working conditions by many. In an effort to increase moral, Foxconn gave workers pay raises recently.
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Rumors circulated a few weeks ago that Foxconn might leave China altogether. Foxconn has now announced that it is turning the management of its 153 dorm facilities where 450,000 Foxconn workers live to a professional management company.
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The management company will charge rent, whereas living there has been free under Foxconn management. Foxconn will reportedly give the workers a housing stipend, but whether or not that will cover all the rent is unknown.