Economy Jobs:4-6-07 Duke mythbusting study shows hiring of foriegn Engineers all about Corporations saving money

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JD50

Lifer
Sep 4, 2005
11,750
2,335
126
Originally posted by: dmcowen674
Originally posted by: BoomerD
The local Home Depot has been doing this for a couple of years at least...

Something wrong with the whole concept to me...

A company encourages their employees to learn the businses well, to earn raises, then, once they make too much, fire them...

Bah...l wonder if they fired all the executives who made too much....(sure they did :roll: )

Originally posted by: Genx87
Originally posted by: BarneyFife
It doesn't take a rocket scientist to figure out that they would be paid around minimum wage ($1 more). Its not like sale associated at circuity city made $20 to begin with. I remember when I worked there about 8 years ago, the salesmen made commission and some of the guys did pretty well ($60k a year) and then they cut it to hourly about 6 years ago and it went downhill from there. Personally, I like circuit city better than best buy.

If what you say were true, then why are they firing people who make more than 15.50 an hour??????? 3x the current min wage?

If what you say is true, they should have ALL been making MIN wage.

Now why is it they werent?

Bolded the reason for you.

There you go folks, these people just flat out tell you in your face now how much they hate and loathe you fellow Americans and America.

Their only love is the almighty Corporation and their personal dollar income.

Wow Dave, you are getting rediculous, bolding just part of someones statement, taking it completely out of context, and then saying that people are thrilled about other people getting fired. I'll play along, it will be fun.


Originally posted by: dmcowen674

Their only love is the almighty Corporation and their personal dollar income.

There you have it folks, Dave just admitted that he loves the almighty corporation.



 

JD50

Lifer
Sep 4, 2005
11,750
2,335
126
Apparently its ok to flat out lie in your thread titles, thread summaries, the thread itself, and to completely misquote people.
 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
Originally posted by: JD50
Originally posted by: dmcowen674
Originally posted by: BoomerD
The local Home Depot has been doing this for a couple of years at least...

Something wrong with the whole concept to me...

A company encourages their employees to learn the businses well, to earn raises, then, once they make too much, fire them...

Bah...l wonder if they fired all the executives who made too much....(sure they did :roll: )

Originally posted by: Genx87
Originally posted by: BarneyFife
It doesn't take a rocket scientist to figure out that they would be paid around minimum wage ($1 more). Its not like sale associated at circuity city made $20 to begin with. I remember when I worked there about 8 years ago, the salesmen made commission and some of the guys did pretty well ($60k a year) and then they cut it to hourly about 6 years ago and it went downhill from there. Personally, I like circuit city better than best buy.

If what you say were true, then why are they firing people who make more than 15.50 an hour??????? 3x the current min wage?

If what you say is true, they should have ALL been making MIN wage.

Now why is it they werent?

Bolded the reason for you.

There you go folks, these people just flat out tell you in your face now how much they hate and loathe you fellow Americans and America.

Their only love is the almighty Corporation and their personal dollar income.

Wow Dave, you are getting rediculous, bolding just part of someones statement, taking it completely out of context, and then saying that people are thrilled about other people getting fired. I'll play along, it will be fun.


Originally posted by: dmcowen674

Their only love is the almighty Corporation and their personal dollar income.
There you have it folks, Dave just admitted that he loves the almighty corporation.

Your reading comprehension is non-existent. That was refering to you and your buddies.

I would suggest remedial High School reading stat.
 

JD50

Lifer
Sep 4, 2005
11,750
2,335
126
Originally posted by: dmcowen674
Originally posted by: JD50
Originally posted by: dmcowen674
Originally posted by: BoomerD
The local Home Depot has been doing this for a couple of years at least...

Something wrong with the whole concept to me...

A company encourages their employees to learn the businses well, to earn raises, then, once they make too much, fire them...

Bah...l wonder if they fired all the executives who made too much....(sure they did :roll: )

Originally posted by: Genx87
Originally posted by: BarneyFife
It doesn't take a rocket scientist to figure out that they would be paid around minimum wage ($1 more). Its not like sale associated at circuity city made $20 to begin with. I remember when I worked there about 8 years ago, the salesmen made commission and some of the guys did pretty well ($60k a year) and then they cut it to hourly about 6 years ago and it went downhill from there. Personally, I like circuit city better than best buy.

If what you say were true, then why are they firing people who make more than 15.50 an hour??????? 3x the current min wage?

If what you say is true, they should have ALL been making MIN wage.

Now why is it they werent?

Bolded the reason for you.

There you go folks, these people just flat out tell you in your face now how much they hate and loathe you fellow Americans and America.

Their only love is the almighty Corporation and their personal dollar income.

Wow Dave, you are getting rediculous, bolding just part of someones statement, taking it completely out of context, and then saying that people are thrilled about other people getting fired. I'll play along, it will be fun.


Originally posted by: dmcowen674

Their only love is the almighty Corporation and their personal dollar income.
There you have it folks, Dave just admitted that he loves the almighty corporation.

Your reading comprehension is non-existent. That was refering to you and your buddies.

I would suggest remedial High School reading stat.


Oh, you mean kind of like how you took part of what Genx87 said, put it in bold and then completely ignored the other part of the sentence? I see that you can dish it out but you can't take it.
 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
The end of Sprint/Nextel

3-29-2007 Sprint Stiffed on Big Contract

Sprint's turbulent rebuilding effort is looking more like a demolition job.

Adding to the Reston, Va., telco's list of woes Thursday was the announcement by the General Services Administration that Sprint was the only major U.S. carrier to be excluded from a massive $20 billion communications services contract.

Three phone giants -- Verizon, AT&T and Qwest -- were picked as suppliers to a five-year phone and Internet upgrade program called Networx.

This latest setback adds to a long list of missteps and stumbles by Sprint.

Under CEO Gary Forsee's leadership, Sprint has managed to squander the advantage it acquired with Nextel and its horde of loyal, high-paying customers. Sprint now has the industry's highest churn or monthly customer defection rate.

Turnover in the executive offices has also been high. Three key leaders jumped ship last year: onetime chairman and former Nextel chief Tom Donahue, strategy man Tom Kelly and operations head Len Lauer.

Meanwhile, with its eroding customer base, falling long-distance and wholesale prices and weakening business services unit, Sprint managed to turn in four consecutive quarters of disappointing financial results last year.

In January, after losing 306,000 postpaid mobile phone subscribers in the fourth quarter, the company lowered guidance and said it would fire 5,000 workers.
 

blackangst1

Lifer
Feb 23, 2005
22,902
2,359
126
Originally posted by: dmcowen674
Originally posted by: Shivetya
Originally posted by: dmcowen674That's OK, the thread in OT also shows how we Democrats hate America and enjoying destroying it as well.

fixed.

No it's not.

Unlike you and your partisan hack fellow paid buddies I rag on any elected official for their boneheaded moves as well because there is nothing I like about America

Fixed for you Dave
 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
Looks like new found balls because of a Democrat controlled Congress:

4-4-2007 ADP puts out lower job numbers than Economic Advisors

NEW YORK - Wall Street appeared headed to a lower opening Wednesday as investors digest economic data, including a disappointing private estimate on U.S. employment.

U.S. stock futures turned lower after payrolls company Automatic Data Processing Inc. and consultancy Macroeconomic Advisers reported it expects an increase of 106,000 private jobs in March. That was below economist expectations for a 150,000 rise.

DaimlerChrysler AG Chief Executive Dieter Zetsche said the automaker is in talks with potential buyers for its Chrysler unit. He would not elaborate on who was involved in the talks.
 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
This is what happens when the U.S. radical right no longer believes in science.

4-5-2007 US reaches visa cap min one day, skilled foreign workers out of luck until Oct 2008

Technology companies may face a shortage of skilled workers later this year after U.S. immigration services reached its annual quota for visa applications in one day.

"Clearly there is a need for science and engineering talent in this country that is not being met by home-grown talent," said William Morin, director of government affairs for Applied Materials Inc., the world's biggest supplier of equipment for making microchips.

"These are people who are going to develop the next big thing, and you're driving people offshore. It boggles the mind that we would come to this point," Morin said.

The Citizenship and Immigration Services received a record of more than 150,000 applications for the H-1B visa on Monday, nearly double the number of visas it can grant for the fiscal year beginning October 1, 2007.

Margie Jones, U.S. immigration manager at Intel Corp., the world's biggest maker of microchips, said, "Each year the cap has been reached earlier and earlier and earlier. By hitting it the first day, it means it is severely under-rated how many we need."

Intel employs about 90,000 people worldwide, and about 4 percent of the firm's U.S. workforce are foreigners with work visas, she said.

"If the cap is truly reached, that means there are no (visas) available until 10/1/08," Jones said. "It will impact hiring."
 

JD50

Lifer
Sep 4, 2005
11,750
2,335
126
Originally posted by: dmcowen674
Originally posted by: JD50
Americans are taught not to believe in science? You're loony.

I may be looney but this is happening all across the U.S.

3-25-2007 Veering from Evolution


I know Dave, its just another of your sensationalist topics. Its like me posting a story about a pedophile serial killer and the headline reads "Americans are pedophile serial killers". You discredit and embarass yourself every day, and the saddest thing about it is that you don't even realize it.
 

johnnobts

Golden Member
Jun 26, 2005
1,105
0
71
point? private company. stockholders' decision, not the government. i agree it makes for bad publicity and press relations, but still the company's call.
 

Pabster

Lifer
Apr 15, 2001
16,986
1
0
Originally posted by: johnnobts
point? private company. stockholders' decision, not the government. i agree it makes for bad publicity and press relations, but still the company's call.

:thumbsup:
 

babylon5

Golden Member
Dec 11, 2000
1,363
1
0
IF Ford want to fire half of their workers and pay CEO millions bonus, they should be able to do that.

BUT if Ford ever go bankrupt, just dont' ask for government (US taxpayer) for assistance.
 

1EZduzit

Lifer
Feb 4, 2002
11,833
1
0
Originally posted by: johnnobts
point? private company. stockholders' decision, not the government. i agree it makes for bad publicity and press relations, but still the company's call.

Yeah, they're not exactly private, they are publicly traded. But who knows? Maybe the plan is to break the company, stick the stockholders, and then buy it back for pennies on the dollar.

Urge to go private picks up steam

Report: Ford Considers Taking Company Private

Notice the name of the CEO, Bill Ford Jr.

Earlier in August, Ford said it hired mergers and acquisitions expert Kenneth Leet as an adviser to Chief Executive Bill Ford Jr. to explore strategic alternatives for the automaker. The Ford family owns about 5 percent of Ford's shares and controls about 40 percent of the voting power through a separate class of stock.

Talk about a recipe for disaster!! Of course dittoheads like you and Pabst will be busy blaming the unions for everything. You really need to come up with another song and dance act.
 

LegendKiller

Lifer
Mar 5, 2001
18,256
68
86
Originally posted by: johnnobts
point? private company. stockholders' decision, not the government. i agree it makes for bad publicity and press relations, but still the company's call.

Last time I checked they were public. Not to mention that these contracts were not disclosed to investors.
 
Dec 10, 2005
25,023
8,298
136
Originally posted by: dmcowen674
4-5-2007 Ford CEO Mulally gets $39.1 million compensation for four months work

Ford Motor Co. on Thursday said it awarded new Chief Executive Alan Mulally compensation of $39.1 million for four months of work in 2006, a year when the second-largest U.S. automaker posted a $12.7 billion loss.
==============================================
Gotta love American Corporate math.

Um... they took a one time loss of that amount so they could restructure and get hard cash on hand for that project. Hence the reason for the $12.7billion loss.
 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
4-6-2007 Study Finds Cost Major Factor In Outsourcing Positions Not American Lack of Education

"Debunking claims to the contrary, a new study from Duke University asserts that it is purely cost savings, and not the education of Indian and Chinese workers, or a shortage of American engineers that has caused offshore outsourcing.

'The key advantage of hiring Chinese entry-level engineers was cost savings, whereas a few respondents cited strong education or training and a willingness to work long hours.

Similarly, cost savings were cited as a major advantage of hiring Indian entry-level engineers, whereas other advantages were technical knowledge, English language skills, strong education or training, ability to learn quickly, and a strong work ethic.'

The article goes on to point out that despite this, outsourcing will continue to be a problem for US workers in coming decades; new elements of traditional corporations like R&D may in fact be next on the outsourcing chopping block."
=========================================
Good, I seriously hope the ones that have been spewing this Bullsh!t have their jobs on the "outsourcing chopping block" next.

=========================================
4-6-2007 Study: There Is No Shortage of U.S. Engineers

A commonly heard defense in the arguments that surround U.S. companies that offshore high-tech and engineering jobs is that the U.S. math and science education system is not producing a sufficient number of engineers to fill a corporation's needs.

However, a new study from Duke University calls this argument bunk, stating that there is no shortage of engineers in the United States, and that offshoring is all about cost savings.

Duke's 2005 study corrected a long-heard myth about India and China graduating 12 times as many engineers as the United States, finding instead that the United States graduates a comparable number.

"You had the brightest kids worrying about their jobs being outsourced. We thought, if kids at Duke were worried, then let's do a study about what's going on in education," Vivek Wadhwa, executive in residence at Duke University's master's in engineering management program and a co-author of the study, told eWEEK at the time.

"The first thing you do in a study is you look at the facts. But we couldn't find any facts. The more we dug, the more we looked, the more we discovered there were no facts," said Wadhwa.

Yet, it is cost savings, and not the education of Indian and Chinese workers, or a shortage of American engineers that has caused offshore outsourcing, the study asserts.