Consumption and Real Estate
Why is it a really bad idea to lay off 7000 people and move a company overseas to make a better profit?
Question : Why is it a really bad idea to lay off 7000 people and move a company overseas to make a better profit?
overseas moving company
Best answer:
Answer by wisdominknowledge
it’s freakin’ treason in my opinion!
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#2 written by Meghan 1 year ago
Why isn’t a good idea? Admittedly, it sucks for the US economy because thousands are all of a sudden umemployed and that is less income going in to the economy in spending, etc. But companies are about profits. They have to make money, and the more they make- the more we make in stock.
The problem is when quality significantly drops because of the move. Like when you call tech support and can’t understand what they are saying or they don’t understand the problem because the don’t speak english well.
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#3 written by mNY12 1 year ago
Laying people off creates hardship for your workers that may have been loyal to you for a very long time. Because this is being done for the sake of more money, most people in the home country react negatively to it. Even though it may benefit the society as a whole, it’s certainly not good for those 7000 workers and their families!
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Guessing by the way that you phrase your question, you have already decided that it is a bad idea.
Based on that, why are you blaming the company? They are only trying to survive, and make a profit.
You should be angry with the politicians. They are the ones that have put some many rules and regulations into place. It is almost impossible to survive in this day and age, and still run legal.