Companies sharpen job-cutting shears as sales slow

Comments (8)
americanguy wrote:

Sure. One war for military industrialists is over, and the other is winding down, and the cold war is over. What would you expect to happen?
Dupont makes explosives, ammunition, and other military items which are used in wars. United Technologies makes its money off helicopters, missiles, etc. which are used in wars.
This has NOTHING to do with the economy, it has to do with bogus wars, and blood profits.
If they did not have enough sense to find other things to make and sell, that’s their mistake.

Oct 23, 2012 11:24am EDT  --  Report as abuse
SanPa wrote:

November-December — The traditional holiday and jobs cutting seasons.

Oct 23, 2012 11:34am EDT  --  Report as abuse
fred5407 wrote:

Yah know americanguy and SanPa you sound like Obama. Always making excuses for your failures. The uncertainty over the last four years is a job killing thing. I know that my company will not move forward until we soom concrete signs that things ae getting better before we invest in new equipment.

Oct 23, 2012 12:26pm EDT  --  Report as abuse
Harry079 wrote:

Not to worry when and IF they find new jobs they will pay 50% less than their former jobs with no benefits or pensions.

After 2 years or so of looking for a job that pays what they made before they will give up, turn to crime, commit suicide or just plain drop of the work force radar.

And the Unemployment rate will drop again.

Oct 23, 2012 1:07pm EDT  --  Report as abuse
fromthecenter wrote:

Dont worry the job creators won’t be cutting in china/india/brazil and anywhere else they can ship them for people who will work for nothing. I read an article about an industrial complex being built in Haiti to help the poor nation with 5 dollar a day jobs.

Oct 23, 2012 2:19pm EDT  --  Report as abuse
Crash866 wrote:

Hows that Hope & Change thing working for the economy and US work force

Oct 23, 2012 3:37pm EDT  --  Report as abuse
Willie12345 wrote:

I guess a few people at Dupont won’t be laughing a Obama’s witty one liners and cheap shots. It’s still about the economy stupid !!

Oct 23, 2012 4:53pm EDT  --  Report as abuse
carlo151 wrote:

It is foolish to weigh in on this article as part of the race for the White House. We know what the current plan has been, I have heard nothing new from either that would change anything.

You need to ask yourself if it is the presidents job to get you a job, or is it your job. It is a rough economy no doubt, but short of having the federal government hire the unemployed with borrowed money, there is no options.
Open your eyes, it is a world wide. A global economy means global competition. It also means that when the global economy slows, everyone slows.

The unskilled need to learn a new skill. If you have skills, you need to move to a place in the US economy where your skills are needed.

The US has been improving productivity yearly for as long as I can remember, that also has a cost. We don’t need rows of bank tellers, telephone operators, we do not need as much paper, we all (most states) pump our own gas, cars need fewer repairs. There are no tv repairmen, you buy a new one. Clothes are too cheap to be made in the US. Everyone wants a discount, that is the price.

How one guy or the other in the White House will make a difference I do not know. You cannot spend your way out of a recession.
Consumers however do have that power. Like this article says, people are buying.

Can somebody in the middle class out there actually point out to something a president did or did not do that actually impacted their career and income?

More of us need to stop looking for the job somebody can make for them to work at 30 years, and they need to think like the late Steve Jobs.
He did not sit around crying about who the president should be.

Oct 24, 2012 8:16am EDT  --  Report as abuse
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