DuPont cutting 1,500 jobs; profit forecast slashed

Comments (7)
JL4 wrote:

Globalization isn’t working. When American companies fail here and overseas, who will be left to “own” the world?

Brush up on your Mandarin boys and girls.

Oct 23, 2012 9:32am EDT  --  Report as abuse
Willie12345 wrote:

More of Obama’s handy work.

Oct 23, 2012 9:33am EDT  --  Report as abuse
DetroitNative wrote:

4 more years!!!!! errr…. ummm…… crap.

Oct 23, 2012 10:03am EDT  --  Report as abuse
Foxdrake_360 wrote:

More like…

More of Mitt Romney’s handy work. He out sourced those jobs to China baby. Obama’s been tried to stop the hemorrhaging.

Who bailed out the Auto companies and saved all those jobs?

Answer: Not Mitt Romney, you hack.

Oct 23, 2012 10:08am EDT  --  Report as abuse
Vuenbelvue wrote:

“Demand fell around the world, most sharply in Asia and Europe, hurt by higher prices for titanium dioxide, a key pigment used to make paint and a market DuPont dominates, and pastes used to make solar panels.”
Pres Obama is responsible for this? Also China invested heavily in their own solar panel production dropping the price of panels below American costs. I was on Dow’s list of interested home owners for solar roof shingles for over a year and finally went ahead and re-roofed when the product never materialized in my area. I got a free shirt though.

Oct 23, 2012 10:11am EDT  --  Report as abuse

“Demand fell around the world, most sharply in Asia and Europe, hurt by higher prices for titanium dioxide, a key pigment used to make paint and a market DuPont dominates, and pastes used to make solar panels.”

WHAT?! It WASN’T regulations and taxes that hurt Dupont?

Oct 23, 2012 10:32am EDT  --  Report as abuse
americanguy wrote:

The real reason is that big corporations, in the quest for excessive profits, have priced their products so high, that people cannot afford to buy them. Even Dupont has not figured out that lower profitable prices means more sales, more sales means more profits than lower sales at higher profits. People may pay a few times for something that is overpriced but they always seek another product that is more affordable. American companies need to get rid of this “high prices, short term profits”, mentality so the CEO and Board can make a huge salary for a couple of years. $15.99 for one small can of Dupont R134a? Ridiculous, when I can get the same product (made in the USA) for $7.99.

Oct 23, 2012 11:13am EDT  --  Report as abuse
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