Being a capitalist's driven economy, each and every action this country takes is caused by a sesimic tremor by a hideous capitalist for multiplying gains. From election candidature to iraq war, you can find a big capitalist intervention. So firing and hiring is a part of their pro-longed plans. And many americans that includes a few managers believe, i should say blindly believe thats the way it should be. Downsizing reduces the people to be paid and hence that profit is utilised in restructuring or to cover up the loss. What does it do to the common working class, a virtual back stab. " Yes we are americans, we are ready to face anything" are good to hear in a presidential speech. But are they really daring??? Only time will tell.
America as such never had to face any big tremor as far as economy is considered, w.r.t other countries. So they fed their employees well, they made them rich and fat (fat being a metaphor here). Through out the 20th century american employees earned the big bucks, and that attracted quite a few immigrants too. The work culture is still like the olden days, no reforms as such in thought process. Here they prefer to stick on to old cliche's. So one might think, what the heck they are still going good? But not for long dear, in next few decade there is going to be a shift in center of gravity as far as economy is concerned. American's might need to recuperate themselves for the big show ahead. The markets are getting extremely competitive and lively.
But here still downsizing is the mantra, no body wants to pull a rabbit out of hat. The employees are losing faith and interest in the companies. They term stone-heartedness and cold blooded as professionalism. God Bless America!!
My remote fear is in a country like india, which is very stringent towards any reforms, but readily accepting the american culture. This could be the worst thing we could do. May be that will make communists interested in starting unions in corporate worlds, and that by word will be the end of BOOM in India.
2 comments:
It may not be official yet, but it is becoming increasingly obvious - American economy has started slipping into a recession. This downturn has only started. The customer spending, after years of resillience has finally cracked. The labour market will definitely worsen in the face of weaker consumer spending...
So, yeah..things might continue to look glum for a little while longer...
Portrays the present job scenario.Add on more examples to depict the clear picture.
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