Company Directory - Hutchinson Technology
Company Details - Hutchinson Technology
Hutchinson Technology
Hutchinson Technology is a technology company that develops and manufactures products for the hard disk drive industry.
CCI Score
CCI Score: Hutchinson Technology
-12.89
0.01%
Latest Event
HTI announces nearly 75% of Eau Claire staff being laid off
Hutchinson Technology laid off nearly 75% of its Eau Claire workforce, undermining worker job security and highlighting potential exploitation in labor practices.
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ENABLER
Hutchinson Technology is currently rated as an Enabler.
Latest Events
- FEB052024
Hutchinson Technology laid off nearly 75% of its Eau Claire workforce, undermining worker job security and highlighting potential exploitation in labor practices.
-70
Labor Relations and Human Rights Practices
March 27
The mass layoff at HTI, where nearly 75% of the Eau Claire workforce was dismissed, reflects extremely poor labor relations and human rights practices. Such a drastic reduction in staff undermines workers’ job security and can contribute to the socio-economic precarity that often drives authoritarian populism. This move appears to prioritize cost-cutting over the welfare of employees, raising concerns about corporate complicity in practices that may indirectly support authoritarian economic and social structures by weakening labor solidarity.
- OCT012023
Hutchinson Technology has showcased a commitment to strong corporate governance, emphasizing transparency, integrity, and ethical practices. Their leadership's dedication to compliance and sustainable initiatives highlights a proactive stance against practices that could inadvertently support authoritarian tendencies.
+70
Public and Political Behavior
March 27
The company’s governance page emphasizes integrity and compliance, promoting transparency and ethical decision-making. This approach supports a culture that resists opaque political influence and authoritarian practices, contributing positively to public and political behavior.
+80
Business Practices and Ethical Responsibility
March 27
Hutchinson Technology's emphasis on ethical decision-making, strict compliance with local laws, and sustainable practices demonstrates strong business practices and ethical responsibility. Such transparency and governance reduce the risk of complicity in authoritarian systems.
- MAR062023
Hutchinson Technology laid off over half of its Eau Claire workforce, raising serious questions about its commitment to labor rights and fair treatment of workers, an issue of central concern for communities opposing oppressive corporate practices.
-50
Labor Relations and Human Rights Practices
March 27
The company's decision to lay off more than half of its Eau Claire workforce reflects a disregard for sustainable labor relations and fair treatment of employees. Massive layoffs without adequate support or transition measures deepen economic insecurity and promote a corporate culture that undermines worker protections, aligning with practices that contribute to systemic oppression and authoritarian economic structures.
Hutchinson Technology laying off more than half of its Eau Claire workforce
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