Globalism sucks!
If you were a thriving business company, with a record volume of sales worldwide, and you had a flourishing location in a land which has subsidized you with 60 millons of Euros within 5 years, and you were the second biggest employer in a town with 2300 people depending on you, what would you do?
For NOKIA, the big Finnish mobile phone company, the answer is clear:
You close the location down, translocating to a place in Eastern Europe where employees are cheaper and you are likely to receive European subsidies for the "new" branch.
This is heinous!
Nokia's employees have been working like hell, and the company has made an after-tax profit of 1,56 billion Euro.
The volume of sale has augmented by almost 30 percent.
Still, this is not enough to fulfill the share-holders' greed.
It's all a matter of competition, as they say.
While the employees, who found the message about the close-down at the blackboard today, were crying on the street, the stock price went crashing through the roof.
Geez, I feel like puking!
Why can't they, at least, be forced to pay back all the subsidies they received, if they close down in spite of their enormuous profit?
In former times, employees would profit from a thriving business. There would have been extra money and other incentives.
Today, you have to fear for your job if your company is doing too well, because share-holders are greedy and you are nothing but an expense factor.
A highly expendable expense factor, because people somewhere abroad are made to work for a fraction of your salary.
They say they can understand how grave the situation is for the employees and theit familes. They are so sorry, but it can't be helped.
What a shallow, hypocritical blah-blah! What they really mean is: "Stop babbling, we don't give a damn, let's get back to more important things than personal fates."
For NOKIA, the big Finnish mobile phone company, the answer is clear:
You close the location down, translocating to a place in Eastern Europe where employees are cheaper and you are likely to receive European subsidies for the "new" branch.
This is heinous!
Nokia's employees have been working like hell, and the company has made an after-tax profit of 1,56 billion Euro.
The volume of sale has augmented by almost 30 percent.
Still, this is not enough to fulfill the share-holders' greed.
It's all a matter of competition, as they say.
While the employees, who found the message about the close-down at the blackboard today, were crying on the street, the stock price went crashing through the roof.
Geez, I feel like puking!
Why can't they, at least, be forced to pay back all the subsidies they received, if they close down in spite of their enormuous profit?
In former times, employees would profit from a thriving business. There would have been extra money and other incentives.
Today, you have to fear for your job if your company is doing too well, because share-holders are greedy and you are nothing but an expense factor.
A highly expendable expense factor, because people somewhere abroad are made to work for a fraction of your salary.
They say they can understand how grave the situation is for the employees and theit familes. They are so sorry, but it can't be helped.
What a shallow, hypocritical blah-blah! What they really mean is: "Stop babbling, we don't give a damn, let's get back to more important things than personal fates."