My company is suffering from slumping sales due to high cost of product and high labor rates. Should I close 2 factories, laying off 1500 and open a 'Maquiladora" in mexico? I could save 25,000 per worker per year. This would allow me to lower my costs substantially. Oh yeah my father founded this business and would abhor the thought of a lay off and a move to mexico. The main firm would stay here of course. Should I sell out to cheap foreign labor against my dead fathers wishes?
2007-03-19 10:13:24 · 6 answers · asked by Frosty 2 in Business & Finance ➔ Other - Business & Finance
No way, it is a matter of principle, things like this just put our economy on even more of a downward tend. There is some other way to make them profitable again, you just haven't thought of it yet. It'll come to you.
2007-03-19 10:21:25 · answer #1 · answered by JK 2 · 0⤊ 0⤋
I use to work for a company that did that. It's a great way to show your employees you don't care about them & all you care about is yourself. When people no longer buy your product it will serve you right. Are you a me, myself, & I type person? Do you like having employees who work for a dollar or two an hour? I try very hard to not buy anything that was not made in the U.S.A. I would honor your father's wishes if it were me. Sometimes less is more. Money worship has ruined the world as far as I'm concerned & it's a sign of the times.
2007-03-19 10:22:20 · answer #2 · answered by Anonymous · 0⤊ 0⤋
No you should not send factories over seas for cheap labor it is hurting the USA. Send them at least to Mexico or try to stay in the USA. Support America you can make a difference just buying American made even know it may be a bit more expensive.
2007-03-19 10:22:59 · answer #3 · answered by Golden Ivy 7 · 0⤊ 0⤋
we've had fairly some production unit closings in my section. some are the end results of NAFTA yet there are various clarification why businesses are leaving. Our company taxes are between the utmost in the international. the cost (and extreme regulation) of doing corporation in the U. S. is a lot more advantageous than different international locations. The preparation of our adolescents is below many different industrialized international locations. I definitely have met limitless extreme college graduates that won't be able to examine a tape degree or do person-friendly math issues. we are a transforming into form of a united states of peoples who've a experience of entitlement. we are a really litigious society and businesses opt to guard themselves variety frivolous courtroom circumstances that are virtually mind-blowing in different international locations. Then, if a organisation comes to a call that it nonetheless should be right here, or perhaps fairly will develop into valuable, they opt to hearken to the consistent barrage of insults and ingratitude from the voters. they are branded as evil, grasping, and selfish. Then individuals ask your self why those businesses verify to go away for a more advantageous corporation-pleasant united states to do their corporation in.
2016-11-26 23:03:47 · answer #4 · answered by ? 4 · 0⤊ 0⤋
i'm from mexico.. maquiladoras exploit their workers and pay very little.. but i guess they also provide work for many unemplyoed people..
i would say go ahead if you want to save your company and make money. don't go ahead if your morals are high and you respect your father's wishes.
2007-03-19 10:20:00 · answer #5 · answered by pakita88 2 · 0⤊ 0⤋
If not you will be forced out. Unfortunately you don't have a choice. Too bad for the poor American worker, but this is the new world economy.
2007-03-19 10:17:10 · answer #6 · answered by Kingo 2 · 0⤊ 0⤋