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To: Oshkalaboomboom

Where do these people come from? Corporations exist to earn a profit for the owners (investors). They are not welfare institutions. When demand for products is down, it follows that the need for workers to produce is down, and the income needed to pay the workers is also down. Consequently, a corporation has two choices, continue paying unproductive workers even if through no fault of the worker, or continue to pay under producing workers until the corporation goes bankrupt. Assuming the corporation has funds available, they have the choice of drawing down those funds to pay unneeded workers, or retaining the funds for future capital investment when the economy improves. To draw down cash reserves for benevolent payment of salaries is ultimately self destructive for the corporation. By way of a disclaimer, we had to let go half of our workers, the last thing we wanted to do, but absent spending for capital investment by business, and a reduced demand for support services, we had no other choice. For the time being we are not betting on the future given the current political environment.


13 posted on 08/01/2010 10:51:50 AM PDT by RLM
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To: RLM

The relocation of our manufacturing jobs is a horrible mess. You may or may not agree but that is OK.

Didn’t Ford believe that their workers should be able to afford the products they were producing and in turn give them a decent wage?

Our company seen huge layoffs and we are also sending lots of work to Mexico. That may or may not concern you unless you fly in a corporate jet sometime in your life. The culture of Mexico does not lend itself well to quality or teamwork.

Currently my employer is not using me in my best talents. I am a problem solver and now I am stuck behind a desk while they have quality issues that I could solve.


18 posted on 08/01/2010 11:11:11 AM PDT by pennyfarmer (Even a RINO will chew its foot off when caught in a trap.)
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