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How is this "job tide" going to turn? .........Wake Up America [View All]

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cthrumatrix Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-11-03 07:00 PM
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How is this "job tide" going to turn? .........Wake Up America
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Everyday I see more companies firing, outsourcing (third world countries) .... the individual numbers for some comapnies are scary and I suspect these jobs will NOT comeback to these shores.

Motorola announced several thousand more today...but this is just part of the annual plan.

http://twincities.bizjournals.com/austin/stories/2003/04/14/daily25.html
snip...

Motorola now expects to reduce its global workforce to about 90,000 by the end of the year vs. its previous estimate of 93,000. The cuts will come from attrition, previously announced plans to outsource information technology and human resources, and "selected workforce reductions," according to the Reuters report.

snip....

The question is how does a company ever decide again they are willing to pay $70,000 as opposed to the $10-15K annual replacement salaries (if that) in India and other countries. The answer is they won't! This is profit on the 2003, 2004 and beyond bottom line.

This is a mjor problem for this country. We will not have a "sustained" economic rebound and I'm afraid we will continue this shit until we fight back.

You can't have a recovery if we don't manufacture products and the jobs associated.

You can't have a recovery when these firms are not paying US taxes into our economy.


Somebody please tell me how this is going to change...?
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