Political Crossfire Forums

On Thursday I found out that the company I work for, which lat year increased profits by 34% to over £400m, decided to make 1,500 of us redundant and offshore our jobs to India in a cost cutting measure.

Bastards.

What kind of jobs?

Sorry to hear that.

Buck up mate. Shameless and low what has happened but view it as an opportunity for progress.

Western governments have sold out their populations by allowing free trade and now unskilled workers have to compete with the masses of the world. It's a race to the bottom.

To be fair though, most people in the West can't compete with people who work just as hard, if not harder, for lower wages. A lot of people think they should be making $18/hour stocking shelves at Kmart. That's just not realistic.

On the other hand, many corporations are making a lot of cash, and should reward the workers they do have, much better.

Pretty much the MNCs are the people who benefit from free market globalization. For everyone else it's a race to the bottom. It's funny though because the skilled jobs they export aren't even that great for the countries that receive them, they don't really develop forward and backward linkages with other sectors of the economy. This is especially true of free trade zones. it's just a way to make electronic parts cheaper for example and then ship them off somewhere else for final assembly as part of intra-firm trade. What type of company was it anyways? Sorry to hear.

I never worked for IBM, but I live in IBM country. I know dozens of friends and family who did, or if they are lucky still do work for them.. In the 90's IBM employed 400,000 employees.. 300,000 here, and 100,000 overseas.. Now it's is just the opposite. 100,000 here, 300,000 overseas.. And believe me, those jobs that went overseas most were NOT unskilled. This is one reason I want to throw up when these phony and hypocritical corps wave the flag and use vets to act like they are so patriotic. Most of these companies pay little to no fed income tax, and they outsource as many jobs they can so they can squeeze every single penny of profit. They don't give a flying Fvck about the Vets, the country or their workers.. They only care about the bottom line and WS.

IMO this is reason #1 people are having so much problems getting good work here. Not only are college grads here competing with millions in the US, but also competing against millions and millions in India and China, etc..

It is truly a race to the bottom.