Ge's Globalization

Essay specific features

 

Issue:

Business

 

Written by:

Margie R

 

Date added:

July 26, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 753

 

Was viewed:

6950 times

 

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Essay content:

That's "because of speed up, downsizing, outsourcing, plant closings, you name it," says Chris Townsend, political director of the United Electrical Workers. GE has, of course, globalized its operations by shifting production to low-wage countries. (And even in these countries, the jobs remain precarious: GE recently shuttered a factory in Turkey to move it to lower-wage Hungary -- and it has threatened to close a factory in Hungary and move it to India...
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That's "because of speed up, downsizing, outsourcing, plant closings, you name it," says Chris Townsend, political director of the United Electrical Workers. GE has, of course, globalized its operations by shifting production to low-wage countries. (And even in these countries, the jobs remain precarious: GE recently shuttered a factory in Turkey to move it to lower-wage Hungary -- and it has threatened to close a factory in Hungary and move it to India...
displayed 300 characters

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