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Old 08-07-2011, 11:03 AM
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Capobranco Capobranco is online now
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Quote:
Originally Posted by dunderhi View Post
BMW did get away with this when the invested billions on dollars in establishing production facilities in the US, stealing German jobs. In 2008 BMW laid off 7,500 workers in Germany. In 2011 they are laying off 71 warehouse workers in the California, while they are expanding their automotive manufacturing facilities and hiring in South Carolina to make it the largest automotive manuafacturing facility in the US terms on number of employees. That sound like American jobs to me.
As companies continue to “rationalize” labor and capital from high cost labor intensive sectors to sectors that seemingly offer more return on investment, the question arises: Do companies, especially profitable ones, have any moral responsibility such as offering options like alternative employment, and /or retraining, to long term employees who helped build the brand? Furthermore, beyond the responsibilities to shareholders, do companies have an ethical responsibility to the society as a whole beyond fulfilling the terms of a labor contract?
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