Sara Lee Cutting 700 Jobs In Outsourcing Move

Let's see if I understand this,
Corporations, in an attempt to please their investors, are laying employees off
so as to keep their profits high(er), thereby increasing the number of folks
who either cut-back on what they buy, or stop buying unnecessary products
all together --- causing profits to decrease.
Does that about sum it up?

 

Sounds like you have a good grasp of things there.

 

Hit the nail on the head there!

 

Okay, what I'm thinking this means is they're going to try and sell me frozen baked goods that were made over in some third world country where God only knows what is crawling around on the floor?

No more Sara Lee for me.

 

And after doing this the stock price will go up, because Wall Street rewards companies that put Americans out of work.

 

I guess since they can't use the illegals anymore, it is time to take the jobs to them.

 

I think they refer to that as
"out sourcing".
While others might call it 'selling out'.

And, still others might consider it the love of money, which, as I
understand it, is the root of all evil. :smt077

I well understand that investors have a vested interest in realizing the most bang for their invested buck, especially those who've retired. But, I think, if THEY think, that their investments are, or should, keep paying the same dividends as they've provided in the past, they're dreamin'

It's quite possible, that to continue paying the same can result in lost jobs as a result, which can have a negative impact on their bottom line.
Consider those investors who held stock in a company/companies, that went completely under because they didn't realize their projections and their investors weren't satisfied. Rather than taking a loss, they lost it all.

I wonder what would have happened to companies like that if their investors were presented with the option of accepting a decline in returns in an attempt to save said company while it gets through the storm --- back into more stable waters?

Let's face it, employees buy stuff which stimulates the economy.
Folks on gubmint assistance tend to do less of that.
And more limited in their selection(s).
How stabling is THAT?

As a result, many folks will come to purchase the least expensive products, including foods, often IMPORTED.
How stable does that make y'all feel?

At what expense?
Necessity is what it is.
If the choice is two imported meals for the family, or one domestic meal,
which to choose?
As the domestic products are being bought by foreign investors, ---
And, I assume, control, .............. I wonder.
Are we retrofitted for the potential shake-up?

Or, is this just a part of the Global Market expanding, ----
in attempt to make all equal, rather than aspire to be the best.
IF we ALL get an equal portion, no matter what, what's the use of tryin'?
Unless, we'll be TOLD what to do. You know, for the betterment of all, and all. All inclusive.
No choices to make then.
Foreign interests will have control of our economy.
Might even buy a farm. A BIG farm.
And grow food.
Import cheap labor.
Git 'er done.
Which ought help C.R.E. and Covenant.
Ya reckon.

 

What a betrayal. I will never purchase Sara Lee again.