Sunday, 12 April 2020

“It’s Collapsing Violently”: Coronavirus Is Creating a Fast Fashion Nightmare

quote [ A survey of factory owners by Pennsylvania State University’s Center for Global Workers’ Rights released last week stated that the canceled orders—which many Western companies are refusing to pay for—have left millions of workers, many of whom are women from rural areas, without wages owed or severance. Nearly all Western buyers have refused to contribute to worker wages, the survey found. “Our situation is apocalyptic,” Rubana Huq, president of the BGMEA, told the New York Times. ]

Looks like this is getting worse still. Sad times for people in the chain.
[SFW] [business] [+2 Informative]
[by Paracetamol@6:20pmGMT]

Comments

LurkerAtTheGate said @ 2:47am GMT on 14th Apr [Score:1 Insightful]
Story about a different supply chain: I founded a US-based software company, handful of employees and we switched to 100% WFH quickly and easily. Our main client is one of the top 3 consumer products companies and a major producer of professional PPE. We've seen no slowdown from them nor any issue getting invoices paid. Thing is, aside from us and a few other software vendors, the majority of their IT needs are supplied via Cognizant, and mostly India-based. We've worked with some of them for 5+ years, and we're starting to overhear some serious issues on conference calls -- US-based staff seeing no problems, Bangalore teams are getting quietly and suddenly reduced. No one seems to know why, but one of our regulars on those teams is saying if the US doesn't get on the ball and resolve the pandemic then things are going to get nightmarish for Indian tech outsource.

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