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HK HK is offline
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First recorded activity by BoatBanter: May 2007
Posts: 13,347
Default Genmar quits Florida for cheaper labor

BAR wrote:
HK wrote:
BAR wrote:
HK wrote:
BAR wrote:
HK wrote:
Wayne.B wrote:
On Wed, 09 Jan 2008 14:26:43 -0500, wrote:

I don't want to say who is right or wrong but IBM was very clear
with
me that their job was to return profits to the stockholders, not
look
out for employees. If the two were not contradictory they did
both but
when push came to shove, they "shoved" the employee. In my case
(and
about 20,000 of my peers) that shove was out the door. Then they
regeged on most of the promises they made about our retirement.

IBM and several other companies like AT&T found themselves with a
surplus of highly trained folks left over from the days of
electro-mechanical hardware. They tried to retred as many as
possible
into software development and other related areas but the numbers
involved were just too large, and the new generations of all digital
equipment were just too reliable and easy to maintain.



Translation: We sucked everything out of you we could, now we're
cutting you loose and we're not going to keep the commitments we
made about your retirement, either.

Thank you, and f*ck you.

Your Friends

The Golden Parachutes at Management and Our Buddies, the
Shareholders.

I thought you had a sweetheart employment contract at Ullico?
Weren't you on the golden boy list at that ah small company? Didn't
you get in on some killer stock deals with MCI, Tyco, Enron, and a
few others. Isn't that why you can afford the double wide
manufactured home in Calvert County?




Drinking again?


No, I've actually been working hard since 6:30 AM today. My first
con-call with my India team.



Figures you'd be involved in exporting jobs. Slime.


It is my corporate overlords not me who made the decision to off-shore
the jobs.



But you willingly facilitate them.