Skip to comments.EXCLUSIVE: Apple Has Destroyed 490,000 American Jobs
Posted on 05/04/2012 4:57:06 PM PDT by Swordmaker
After taking heat for shipping jobs to China and contracting to employers with questionable labor conditions, Apple (rather publicly) took credit for creating more than half a million jobs in the U.S.
514,000 to be exact.
That figure included nearly 50,000 employees in its retail network and its corporate headquarters, where products are designed.
But it also included FedEx and UPS employees who deliver its products and employees at Corning who make glass for iPads and iPhones.
So Apple basically counts anyone vaguely associated with the company or its products as a job that Apple created.
But what about the competitors Apple has bumped off in its relentless move to the top?
What about the once-profitable markets, products, and companies it has destroyed? What happened to those jobs?
Business Insider analyzed data on Bloomberg, went through dozens of 10-Ks, and read through layoff announcements to see how Apple's peers have done.
What we found:
Apple has destroyed nearly as many jobs as it helped create, eliminating some 490,570 positions.
Click here to see the jobs that Apple has destroyed
(Excerpt) Read more at businessinsider.com ...
Circuit City layoffs: 42,974
Federal Government layoffs: 42,105
Kodak layoffs: 28,000
Hewlett Packard layoffs
Motorola layoffs: 16,474
Borders layoffs: 16,600
Sprint layoffs: 14,600
IBM layoffs: 12,500
Musical group layoffs: 12,500
Ericsson layoffs: 10,690
US Postal Service layoffs: 10,615
Barnes & Noble layoffs: 9,000
Blockbuster layoffs: 7,200
CompUSA layoffs: 6,300
Sony layoffs: 6,000
RadioShack layoffs: 6,000
Microsoft layoffs: 5,727
Yahoo! layoffs: 5,780
Xerox layoffs: 5,400
AMD layoffs: 4,460
BestBuy layoffs: 3,400
Tower Records layoffs: 3,000
Trans World Entertainment (Sam Goody, FYE) layoffs: 2,900
Gateway (Acer) layoffs: 2,500
EMI layoffs: 2,000
Lenovo layoffs: 2,000
Adobe layoffs: 1,950
T-Mobile layoffs: 1,900
EMC layoffs: 1,476
Palm layoffs: 1,247
Virgin Megastores layoffs: 1,060
Dell layoffs: 905
AOL layoffs: 800
Cisco layoffs: 500
Warner Music Group layoffs: 300
Hasbro layoffs: 200
IAC (Ask.com) layoffs: 170
Universal Music Group layoffs: 110
And don’t even get me started on Eli Whitney!
Corporate “America” is more about stealing American sovereignty and wealth for the few than enhancing it for the many. When it comes to the multi-national corps I look at them as traitors and thieves who will enrich their top dogs first and screw America second. It has been a 40 year pattern and I care not to hear the reasons. The only reason is greed not country.
I have lost all respect for the so called corporate America because it does not represent either the owner/shareholders or the USA. It represents CEOs and greed.
... and how Apple massacred the suckers who bought a Microsoft Zune, a Kindle Fire, or a Windows phone.
If you want on or off the Mac Ping List, Freepmail me.
Nor can the US economy compete against said wage arbitrage.
This time next year, they'll all be laid off.
EPIC MEGA BURN!!!!!
There is no “Corporate America”, only “Corporate Global”
Competition is so evil. Is that the point?
How about blaming high taxes and over regulation?
And how many jobs has the guy who invented the ATM cost?
The US has the highest corporate tax rates on EARTH. We also have over-regulated businesses.
If you blame corporations for the actions of government, you are deluded.
Sigh. We live in a time when any nosepicker can blurt out a brain fart and its held up as critical thinking. It's the attack of the energy wasters.
Well you know what? I don't see anyone picketing over the number of sandwiches Apple employees ate in the last twenty years that could have fed the hungry in Africa, either. I mean think about it - these are some of the welathiest, most coddled employees on the planet. And they couldn't spare a their measly sandwiches to save the lives of women and children in poverty with darker skin than they have who are completely cut off from anyone paying for their birth control?
The new Nokia Lumia 900 (Windows) competes quite well with the iPhone.
Save the Buggy Whip Industry!!!
Henry Ford destroyed the economy!!
Competition is fine but jobs need to be kept here if possible, right?
I think you meant to say the Barnes & Noble Nook. LOL
No matter if we cut all those taxes and regulations, it still comes down to wages.
However, the US has high standards of copyright protections and other factors that compensates for such inefficiency's.
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