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First, GM, then Ford, now Sony..... what's going on?





evilryu530
Ok, so i posted how Ford was "restructuring" blah blah, meaning cutting a crap load of jobs. well now Sony Entertainment is, 10,000 jobs.

http://www.cnn.com/2006/TECH/ptech/01/06/ces.sony.ap/index.html

wtf is this???? I'm starting to think that working for a huge corporation like this sucks. I bet most of the jobs they will cut will be in the USA because other sources of labor is much cheaper than ours. That just plain sucks for those families...
JonesThe42nd
The problem is that companies that used to pay good wages to domestic (and I'm speaking mostly of Ford here, i'm not familiar enough with the practices of the others) employees are unable to compete with foreign imports. People have been saying this for years but, if the recent "restructuring" is to be taken as any serious omen, then this is it: Foreign Imports aren't taxed enough, allowing Ford's primary customer base, that is to say, the entire USA, to choose a non-american car, and pay less for it. We see these problems in every industry out there, and people wonder why jobs are dying in the US. Any child of a factory employee knows the importance of brand loyalty: it's not elitism or anything like that, it's job security. It seems to me that people don't realize the value of job security anymore. At least, not the people in charge.
Soulfire
This is just another indication of our weakening economy. If these companies successfully "restructure" then maybe we can come back.
CrimsonStrange
Yeah, I grow so tired of hearing the Prez and other higher-ups in the gov't and areas of economics talk about "how much stronger and better our economy is getting", yet practically once a week, you hear on the news about how some major corporation that we've all heard of and probably have been touched by at some point in our lives.... is more or less folding under.

Seems to me we're heading for another depression. (Just an observation - I've got no real evidence of this.)

If & when the day comes that Wal-Mart starts closing stores & laying off workers, and it's not due to some big new company edging them out through competition...... look out.
Davidgr1200
Isn't it because workers in other countries are paid less? In the long run they will get more jobs, the competition for their services will increase and so their wages will rise. The standard of living will rise in these countries and ours will decrease and they will approach each other. This would be a nice theory if the bosses' jobs were also cut and moved to China/India or wherever.
schumway
problem with sony is that they think they own the whole world as far as policing is concerned.

CDs that do not record music files
store CDs that install virus software and they are not jailed
copy protection in our homes
etc

at least they do have a good product unlike some of the stuff from the big auto dealers... although my trans am was pretty solid.
denggi
Well, thats the outcome of globalisation. It'll bring good and bad. Good mostly to consumers but bad to the workers affected by the "restructuring exercise". The fact that they're relocating doesn't mean that they're folding under...they're just taking advantage of cheap labour to reduce costs.

The workers in developed countries need to ungrade their skills to remain employable. Job security is just a lie created in the industrial era when factories operated forever. Before that, people worked on a contract basis. And we're moving there now...Even professionals are increasingly being employed for only short term contracts requiring their skills.
byt
think some of the reasons behind the use of cheaper labour and also cheaper, usually smaller, suppliers is down to the fact that global communication is now so easy with the internet and email. a few years back if I needed parts for my American car I went to a local supplier who would arrange for an American firm to send it to him in the UK and I would collect from him but now I can go on the internet, find the part in the USA and arrange shipping myself this saves me time and money, leaves the local supplier with no sale and also means that I will look for the cheaper item for myself which will more often than not be a none genuine part.
It also figures that the bigger companies also do a similar thing, they can source supplies and staff all over the world, they can contact their departments in other countries just as easy as they can local workforces, the internet is opening boundaries in every thing.

lets face it, there are people on this forum from all over the world, if it wasn't for the internet we would never ever speak to each other let alone discus world wide problems
susanna mayfair
I think much of Sony's problem is that CD sales last year were the lowest ever and they keep decreasing. Plus I think that they really shot themselves in the foot with the whole rootkit incident. I don't often buy CDs anymore just because there is very little music that I actually like enough to spend the money on anymore. There are some artists that I will buy no matter what but those are very few. I won't be buying any of them new now though that are on Sony. They are done getting my money.

As for Fords, I think that many people just don't have the money for new vehicles right now, given the depressed economy. I live in Michigan and my husband works at an auto plant. This is a problem that we are really feeling right now. Those that do have the money to buy new, are looking more and more towards foreign hybrids to try to save some money on gas.

If you want to work for a company that makes a lot, go to the gas companies. Exxon made record breaking profits in their last quarter, somewhere in the billions, despite the fact that we are all getting raped everytime we hit the pumps.
carlokes
THE BIGGEST PROBLEM here is that the MAJORITY of Asiann countries are has poor has heel and the man-labour there is so frickin cheap that the companies as soon as they see a backdown on their profits graphic they decide to move to there and close their current "expensive" factories.
Thats fricking anoying because normally the people that works on those factories have been working there for years in a row meaning they won't get a new job that easly....
byt
carlokes wrote:
THE BIGGEST PROBLEM here is that the MAJORITY of Asiann countries are has poor has heel and the man-labour there is so frickin cheap that the companies as soon as they see a backdown on their profits graphic they decide to move to there and close their current "expensive" factories.
Thats fricking anoying because normally the people that works on those factories have been working there for years in a row meaning they won't get a new job that easly....


but if the big companies offered to keep the old factories going but would only pay what they could in other countries the workers would tell them where to stick it. not the companies fault, we all shop around for the best deals, why shouldn't big companies do the same? surely the fault lies at those running the country, if one country can have low wage yet still have happy workers then why can't all countries? how can a less developed country be more economic than one with all the latest developments? with new the technology life should be more economic not less.
schumway
It is odd because so many of the cars are all based on the same frame and engine/etc... just different body and some tweaks (ie trans am vs camaro). We have made these cars for awhile now... brakes, steering, etc should mostly be interchangeable and what we are doing is tweaking the ones needing refining not rebuilding cars all the time with 5-6 different platforms and etc.

also find it funny that a lot of people like trucks for the look but dont want the 18mpg... but they have never really offered a 'car version' of the truck (dont mean the el camino <sp?>) but a full sized 1/2 ton with extended cab and all the tweaks but use a car transmission for speed vs torque so you have the look and the height but not the gas issue as much.

just an idea... LOL

course... I am hoping on the 2007 camaro but with a 2mth old not sure it is in the cards... and at 40,000+ it is not likely... do not know how cars can be so pricing... I know my pay has not increased that much...

although I have checked out houses lately... I guess my house has doubled in 'value' in the last 9 years... course... so has everyone else's so I am no further ahead until I can convince my wife and new daughter to give up on the jones' and live in a shack in the woods LOL
saiko
schumway wrote:
It is odd because so many of the cars are all based on the same frame and engine/etc... just different body and some tweaks (ie trans am vs camaro). We have made these cars for awhile now... brakes, steering, etc should mostly be interchangeable and what we are doing is tweaking the ones needing refining not rebuilding cars all the time with 5-6 different platforms and etc.

also find it funny that a lot of people like trucks for the look but dont want the 18mpg... but they have never really offered a 'car version' of the truck (dont mean the el camino <sp?>) but a full sized 1/2 ton with extended cab and all the tweaks but use a car transmission for speed vs torque so you have the look and the height but not the gas issue as much.

just an idea... LOL

course... I am hoping on the 2007 camaro but with a 2mth old not sure it is in the cards... and at 40,000+ it is not likely... do not know how cars can be so pricing... I know my pay has not increased that much...

although I have checked out houses lately... I guess my house has doubled in 'value' in the last 9 years... course... so has everyone else's so I am no further ahead until I can convince my wife and new daughter to give up on the jones' and live in a shack in the woods LOL



i agree !
Lennon
Ireland poses the same problem, but there are major tax incentives to corporations who come here. We've got a good crowd here.
mark
Its just a media cover up. No one really knows what goes on between the president of a huge corporation. Take Bill Gates for example, you only hear of him when Microsoft has done something good.
gonzo
denggi wrote:
Well, thats the outcome of globalisation. It'll bring good and bad.


it's bad because we didn't vote for it. Socialism isn't a good thing, and more of it certainly isn't better. remember: there's no such thing as international law
-TomJ-
mark wrote:
Its just a media cover up. No one really knows what goes on between the president of a huge corporation. Take Bill Gates for example, you only hear of him when Microsoft has done something good.
When was that?
You only hear of him when he has done something to boost his personal image, when he has doanted to some charity cause.
When he donates a million, you can hardly see the difference on his bank account, when I would want to donate a million, I would need to work five lifetimes before I can afford it. I work hard, I get reasonably well paid, but still I can't see when I would have such money to spare ...
bliushift
constant optimization is necessary in large corporations. restructuring actually helps against a bloating of salaries and inflation, essentially stabilizing against large fluctuations in the economy. generally considered evil, i believe, due to my unbiased view, this is but a necessary evil where the corporations must rid to promote the standards of performance.
schumway
I can not believe how well exec's pay themselves.

we are too inflated and inspired by the dollar that we forget the simpler things in life... sometimes I wonder if less FORTUNEate countries are as bad off as they say.. or are they happy in how they are... because if you dont know what the toys are and you live existance... perhaps life isnt so bad after all?
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