IMF's conference for the ICT, Electrical and Electronics industries brought unions from 15 countries together in Singapore to debate the major challenges to trade unions. Together with the automotive industry, the electronics industry has been hardest hit by the recent economic crisis. On top of job losses, wage freezes and hours reductions, unions reported how companies are using the excuse of the crisis to force through structural change and increase precarious work. Multinational companies are continuing their policies of outsourcing and movement of production from high wage to low wage countries, putting downward pressure on wages and conditions and increasing precarious work. 

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