A Chinese company is replacing 90 percent of its workers with robots

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Fusion

It’s debatable whether or not sophisticated workplace robots will destroy millions of jobs around the world, or simply change the nature of many jobs. But one Chinese manufacturing company is making a huge bet on robots — and preparing a boatload of pink slips for its human workers.

The South China Morning Post reported today that Shenzhen Evenwin Precision Technology Co., a manufacturing company that makes cell phone parts and other electronics, is planning to replace roughly 90 percent of its 1,800-person workforce with machines, leaving roughly 1,600 people out of work. The company, whose chairman became a billionaire in March, is planning to spend $322 million on a new factory in Dongguan that will use “only robots for production,” according to the outlet, with a small human staff of 200 to keep tabs on the machines.

This is not a one-off occurrence. Foxconn, China’s largest employer and the company that assembles parts for the iPhone…

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