Sunday, July 14, 2024
HomeInternationalApple announces a $50mn fund to upskill employees

Apple announces a $50mn fund to upskill employees

Apple announced a $50 million Supplier Employee Development Fund on Wednesday, which will be used to create learning opportunities and enhance skills among its manufacturing partners’ employees. 

According to the company, employees in India’s manufacturing division and those in the United States, China, and Vietnam will be among the first to profit from the fund. 

According to Apple, the fund would provide “new learning opportunities” to over 100,000 supplier employees. Leadership training, technical certifications, coding, robotics, and advanced manufacturing fundamentals, including green manufacturing, are featured.

The company collaborated with the International Labour Organization, the International Organization for Migration, and global education experts for the learning programmes. 

The corporation did not say whether it would collaborate with Indian educators and rights organisations for the programme. Still, it did say that the fund has “expanded partnerships” with prominent human rights advocates, universities, and non-profits worldwide. 

The Supplier Employee Development Fund will also be used to expand Apple’s existing virtual education and skill-building courses for its manufacturing partners. The corporation claims that their supplier employee educational programmes have reached 5 million people.

The new fund will assist Apple in ensuring that its supply chain runs smoothly.

Subscribe To Newsletter


BRL Editor
BRL Editor
Business Review Live covers finance, technology, travel, lifestyle, and everything in between through exclusive interviews and analysis, market statistics, digital video, and an expanded array of content formats.