If I’m a shareholder of XYZ Corp., and they can give me more for my investment by sending jobs overseas, then I want them to do so. Nothing is stopping the people who have been laid off from finding another job, here or elsewhere, or getting qualified to work somewhere else.
Unfortunatley, SOC- there is something keeping these people from finding another job, their entire industry is moving jobs to the far east, There are no jobs left for them to get. And how easy do you think it is for a 45 year old person who has been in the same field for 20 years to get qualified for something else? Who pays the mortgage while they go to medical school?
In this day and age it’s asinine to not consider the potential situations you might find yourself in when taking a job, isn’t it? The companys first obligation is to its investors and shareholders.
It is only bad business that works that way, SOC. Trading loyal, trained, skilled employees for people overseas who will work for less. It is a bad business to sacrifice the quality of product for cheaper materials. It is bad business to slap a country in the face, one who’s people have been loyal customers for many years by giving them bad product, made in places where quality does not have to matter. To tell your customers that they do not matter. It is only the bottom line that matters. To tell your employees that they do not matter, only the bottom line matters.
If I’m a shareholder of XYZ Corp., and they can give me more for my investment by sending jobs overseas, then I want them to do so.
As a stockholder (albeit very small) of one company, I would be appalled if that company came to me and laid it out like that. I would drop their stock in a heartbeat.
SOC, you are in the military right? They pay for education, right? Housing, medical, they give some good benefits, yes? Tell me, would you be so understanding if they came to you one day and said “Soldier, we sure do appreciate you fighting for your country, and you done a good thing, but we have these here Afghans who have offered to be loyal soldiers in our army for no benefits, and about a 1/4 of the salary you make, and because your sacrifice means nothing, we only care about the bottom line after all- were going to let you go.” This is obviously a scenario that wont happen in those words, but it is what happens when companies go off shore. Can you honestly say you would be so understanding if it were to happen to you?
🙂
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