Editorials & Other Articles
In reply to the discussion: Heartbreaking.....I am Patient Zero in our New Economy [View all]CrispyQ
(40,807 posts)It was one of the most costly decisions they made. They never saved the money they thought they would with low wages & no benefits. Often times shipments of parts from China were delayed & there was no work to be done at the Mexico factory, but since the employees were guaranteed a certain number of hours, they would have them clean or paint the place. I remember one of the VPs said that our facility in Mexico must surely be the cleanest place on the planet. One end of quarter, at end of year, no less, a truck carrying finished phones was hijacked before crossing the border. Product wasn't shipped, the sales department didn't make their numbers, the CEO had to explain to the board why sales didn't make their numbers. Sure the shipment was insured, but it didn't cover a lot of the hidden costs. I remember the CFO telling me "I look at $12-$15 an hour a lot different now."
