Loading ...Let me tell you of my personal experience a few years ago . After retiring , I took a part time job with a small manufacturing company in the NE . One of our principal customers was an appliance manufacturer north of Chicago . Their buyer wanted a meeting to discuss a price reduction ( our margin was already razor thin, if not zero, but the quantity kept the wolf from the door ) . Dann ( that should have been my first clue , not Dan, but Dann the facetious A**hole) began the meeting by bragging that he had already put businesses on the rocks for failing to meet his demands for a lower price . We could not lower the price without reducing headcount , which was already cut to the bone . Every employee was essential , and skilled at their tasks .
The owners made a trip to the Far East , made a deal there to manufacture our product , and a few months later fired all the old hands who had been with the company for most of their working careers . Devastating to them , difficult for the owners , beneficial to those in the Far East who essentially had slave labor , and likely a boon to lawyers when the legal suits come in from water damage caused by the shoddy imported parts failing, down the road .
Goldie / Mr. Cu
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