A Chinese Company is Replacing 90% of its Workers With Robots

Welding pipe

By Kathleen Elkins

Experts predict that one-third of jobs will be replaced by software, robots, and smart machines by 2025 - and it's already started in southern China.

The South China Morning Post recently reported that Shenzhen Evenwin Precision Technology, a manufacturing company that produces electronics, plans to replace 90% of its 1,800 employees with machines in the near future.

The 200 employees not receiving pink slips will take on a new role - overseeing the robotic workforce.