Deleted
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Post by Deleted on Jan 24, 2018 4:43:38 GMT
"Kimberly-Clark, the maker of Huggies and Kleenex, is laying off about 13 percent of its work force and shedding factories worldwide, amid declining birthrates that are affecting diaper sales and a retail price war that is weighing on profits. The company said Tuesday that it would cut between 5,000 and 5,500 jobs in an effort to reduce expenses as it faced stiffer competition for consumer staples like tissues, paper towels and wet wipes." WAIT FOR IT.... "To help pay for the cuts and other restructuring moves, Kimberly-Clark said, it will use savings from the recently enacted corporate tax cut."
www.nytimes.com/2018/01/23/business/kimberly-clark-layoffs.html?smid=tw-nytimes&smtyp=curOMFG.
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Post by papercrafteradvocate on Jan 24, 2018 5:01:56 GMT
"Kimberly-Clark, the maker of Huggies and Kleenex, is laying off about 13 percent of its work force and shedding factories worldwide, amid declining birthrates that are affecting diaper sales and a retail price war that is weighing on profits. The company said Tuesday that it would cut between 5,000 and 5,500 jobs in an effort to reduce expenses as it faced stiffer competition for consumer staples like tissues, paper towels and wet wipes." WAIT FOR IT.... "To help pay for the cuts and other restructuring moves, Kimberly-Clark said, it will use savings from the recently enacted corporate tax cut."
www.nytimes.com/2018/01/23/business/kimberly-clark-layoffs.html?smid=tw-nytimes&smtyp=curOMFG. They won’t be the last (or the first) to be doing this. Trump administration won’t give a shit either. So many people are going to lose their jobs.
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Deleted
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Sept 29, 2024 2:24:39 GMT
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Post by Deleted on Jan 24, 2018 5:03:30 GMT
Just wait til Corp America starts automating trucks, buses, taxis, ships.
We have exactly the WRONG administration to help us prepare for the coming tsunami of unemployment over the next 5-10 years.
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Post by mrssmith on Jan 24, 2018 5:04:18 GMT
Of course! Didn't Wal-mart close like 52 Sam's Club stores on the day after they announced the $1,000 (if you were there for 20 years) bonuses?
Why do people think big corporations will just give more money to the lowest paid? ha ha ha! I'm guessing the CEO's salary will be fine.
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Deleted
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Sept 29, 2024 2:24:39 GMT
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Post by Deleted on Jan 24, 2018 5:49:29 GMT
Just wait til Corp America starts automating trucks, buses, taxis, ships. We have exactly the WRONG administration to help us prepare for the coming tsunami of unemployment over the next 5-10 years. Well to be fair the Democrats aren’t saying much of anything that might address this real challenge to the American worker either.
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Deleted
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Sept 29, 2024 2:24:39 GMT
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Post by Deleted on Jan 24, 2018 11:12:49 GMT
Just wait til Corp America starts automating trucks, buses, taxis, ships. We have exactly the WRONG administration to help us prepare for the coming tsunami of unemployment over the next 5-10 years. Well to be fair the Democrats aren’t saying much of anything that might address this real challenge to the American worker either. EXACTLY! They never miss an opportunity to miss an opportunity!
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Deleted
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Post by Deleted on Jan 24, 2018 14:25:57 GMT
Just wait til Corp America starts automating trucks, buses, taxis, ships. We have exactly the WRONG administration to help us prepare for the coming tsunami of unemployment over the next 5-10 years. Well to be fair the Democrats aren’t saying much of anything that might address this real challenge to the American worker either. At least Dems understand that not all are born w/the same capacity and that those gifted more capacity can help care for those born w/less. Their underlying starting point of society being the engine for "common welfare" puts them in a better position to navigate these treacherous waters ahead.
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kibblesandbits
Pearl Clutcher
At the corner of Awesome and Bombdiggity
Posts: 3,305
Aug 13, 2016 13:47:39 GMT
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Post by kibblesandbits on Jan 24, 2018 14:54:57 GMT
Well to be fair the Democrats aren’t saying much of anything that might address this real challenge to the American worker either. At least Dems understand that not all are born w/the same capacity and that those gifted more capacity can help care for those born w/less. Their underlying starting point of society being the engine for "common welfare" puts them in a better position to navigate these treacherous waters ahead. don't even know what to say to this. Chicago, Detroit, Flint, - all cities with consistent DEMOCRATIC leadership, and all cities with high corruption, unemployment, and extreme crime and poverty. Enough with the rhetoric. There's enough "me me me" to go around for BOTH parties. Elevate your discourse, please. SaveSave
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kibblesandbits
Pearl Clutcher
At the corner of Awesome and Bombdiggity
Posts: 3,305
Aug 13, 2016 13:47:39 GMT
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Post by kibblesandbits on Jan 24, 2018 14:55:19 GMT
Well to be fair the Democrats aren’t saying much of anything that might address this real challenge to the American worker either. EXACTLY! They never miss an opportunity to miss an opportunity! ^^ True. On all sides. SaveSave
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Deleted
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Sept 29, 2024 2:24:39 GMT
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Post by Deleted on Jan 24, 2018 16:16:08 GMT
At least Dems understand that not all are born w/the same capacity and that those gifted more capacity can help care for those born w/less. Their underlying starting point of society being the engine for "common welfare" puts them in a better position to navigate these treacherous waters ahead. don't even know what to say to this. Chicago, Detroit, Flint, - all cities with consistent DEMOCRATIC leadership, and all cities with high corruption, unemployment, and extreme crime and poverty. Enough with the rhetoric. There's enough "me me me" to go around for BOTH parties. Elevate your discourse, please. SaveSaveJust because they don't succeed in every instance does not mean the underlying philosophies are the same. There is also EXTREME POVERTY deep in the heart of Appalachia where they vote GOP up and down the ticket. Check your own discourse. Please.
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Deleted
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Sept 29, 2024 2:24:39 GMT
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Post by Deleted on Jan 24, 2018 16:48:27 GMT
The Atlantic
NewsweekWhat is the Democrats plan to move workers from what is described in the Atlantic story to what is described in the Newsweek story? Are they even talking about this? The Atlantic: “The Internet is enabling a new kind of poorly paid hell” From the Atlantic story... “This low-paid work arrives via sites like CrowdFlower, Clickworker, Toluna, and Amazon’s Mechanical Turk, to name a few. Largely unregulated, these sites allow businesses and individuals to post short tasks and pay workers—in cash or, sometimes, gift cards—to complete them. A recent Mechanical Turk listing, for example, offered workers 80 cents to read a restaurant review and then answer a survey about their impressions of it; the time limit was 45 minutes. Another, which asked workers to fill out a 15-minute psychological questionnaire about what motivates people to do certain tasks, offered $1, but allowed that the job could take three hours.” Newsweek: “Need a job? Why artificial intelligence will help human workers, not hurt them”. From the Newsweek story... “As Orbital Insight’s business has grown, it has been hiring aggressively, looking for data scientists, marketing managers and talent recruiters. But that’s only the beginning. Orbital Insight and companies like it are ravenous for raw satellite data, so they are buying it from satellite companies, adding more fuel to the satellite boom. The relatively inexpensive, small satellites that observe conditions on Earth are the fastest-growing segment of the $260.5 billion global satellite industry, the Satellite Industries Association said in a report in July 2017. That’s helping create a cascade of jobs, from rocket scientists (of course) down to maintenance workers who sweep launch pads. In December, LinkedIn listed more than 11,084 satellite industry job openings in the U.S. Orbital Insight is just one of a many new companies in an exploding field called alternative data. The market for alternative data was about $200 million in 2016 and is expected to shoot to more than twice that by 2020, according to research firm Tabb Group. Alternative data refers to data outside of mainstream information, such as government statistics, stock prices, company financial reports and consumer credit card transactions. Alternative data comes from sources such as cellphone signals, “internet of things” sensors on industrial equipment, online videos, tweets, searches, social media likes—and satellite images.”
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Post by papercrafteradvocate on Jan 24, 2018 17:14:24 GMT
Toys R Us just announced the closing of 200 stores.
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kibblesandbits
Pearl Clutcher
At the corner of Awesome and Bombdiggity
Posts: 3,305
Aug 13, 2016 13:47:39 GMT
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Post by kibblesandbits on Jan 24, 2018 17:22:58 GMT
don't even know what to say to this. Chicago, Detroit, Flint, - all cities with consistent DEMOCRATIC leadership, and all cities with high corruption, unemployment, and extreme crime and poverty. Enough with the rhetoric. There's enough "me me me" to go around for BOTH parties. Elevate your discourse, please. SaveSaveJust because they don't succeed in every instance does not mean the underlying philosophies are the same. There is also EXTREME POVERTY deep in the heart of Appalachia where they vote GOP up and down the ticket. Check your own discourse. Please. I would say that the persistent and rampant institutional problems within the cities I cited would negate your argument. I digress. There's enough blame to go around. Let's move on to the next level of discussion, rather than continuing to wallow in the blame game. SaveSave
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kibblesandbits
Pearl Clutcher
At the corner of Awesome and Bombdiggity
Posts: 3,305
Aug 13, 2016 13:47:39 GMT
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Post by kibblesandbits on Jan 24, 2018 17:24:43 GMT
Toys R Us just announced the closing of 200 stores. Most every brick and mortar store is re-considering their physical presence, and TRU has been in trouble for several years. Macy's is next. Just like the "tech bubble", we're encountering a "retail bubble". Consumers are changing their shopping habits. Retail managers need to change as well to meet the new demands. SaveSave
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Post by crazy4scraps on Jan 24, 2018 17:52:55 GMT
I don’t think anyone should be the least bit surprised by this. Corporate America is beholden to their stockholders to provide the best returns they can, and have been sitting on billions of dollars for a while now. If they would have wanted to increase wages or hire more people or bring jobs back here, they could have done that already but they didn’t. There was no incentive to do so before and I believe even with the new tax laws there still isn’t.
I think what will be surprising is the sheer number of jobs yet to be automated that no one ever imagined. I will freely admit being a bit shocked recently to see the number of cashiers/order takers inside a McDonald’s reduced to one, with a shiny new collection of computer touch screens in the restaurant lobby taking their place. Welcome to the wave of the future, folks. It’s already here.
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Deleted
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Sept 29, 2024 2:24:39 GMT
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Post by Deleted on Jan 24, 2018 18:12:33 GMT
I don’t think anyone should be the least bit surprised by this. Corporate America is beholden to their stockholders to provide the best returns they can, and have been sitting on billions of dollars for a while now. If they would have wanted to increase wages or hire more people or bring jobs back here, they could have done that already but they didn’t. There was no incentive to do so before and I believe even with the new tax laws there still isn’t. I think what will be surprising is the sheer number of jobs yet to be automated that no one ever imagined. I will freely admit being a bit shocked recently to see the number of cashiers/order takers inside a McDonald’s reduced to one, with a shiny new collection of computer touch screens in the restaurant lobby taking their place. Welcome to the wave of the future, folks. It’s already here. Exactly. WAGES are the enemies of PROFITS. If/when companies can figure out how to make a profit w/ZERO employees they will do it. Obviously, I'm being extreme, but their goal is to reduce payroll AS LOW AS POSSIBLE. They are NOT in business to provide employment, they are in business to provide PROFITS. PERIOD. GOP talking points to the contrary.
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Deleted
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Sept 29, 2024 2:24:39 GMT
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Post by Deleted on Jan 24, 2018 18:21:59 GMT
Toys R Us just announced the closing of 200 stores. Most every brick and mortar store is re-considering their physical presence, and TRU has been in trouble for several years. Macy's is next. Just like the "tech bubble", we're encountering a "retail bubble". Consumers are changing their shopping habits. Retail managers need to change as well to meet the new demands. SaveSaveOk. Being a Democrat I asked what is the Democratic plan to move people highlighted in the Atlantic story to what is outlined in the Newsweek story. Now I’m asking what is the Republican plan to do it. Certainly not this. trump... “Tremendous investment by companies from all over the world being made in America. There has never been anything like it. Now Disney, J.P. Morgan Chase and many others. Massive Regulation Reduction and Tax Cuts are making us a powerhouse again. Long way to go! Jobs, Jobs, Jobs!” As of the end of October there were 6M job openings. The problem isn’t that there aren’t any jobs. The problem is there aren’t the jobs where they need to be. And in areas where there are jobs jobs jobs there isn’t the skilled workforce to do them. Last year CBS Sunday Morning did a show about jobs. The take away is that in the next 20 years 45% of the jobs that exist today will be gone and jobs that we can’t imagine today will have replace them. But the new job will require certain skills. These are the challenges that face the American Worker but yet the politicians don’t talk about them. During the election the closest anyone came to talking about these challenges is Hillary. Remember when she tried to talk about the future of coal miners? That went so bad she never talked about the real issues facing the American Worker again until after the election. And the reason is because the workers that are affected by the changes don’t want to hear the truth. What they want is somehow magically these well paying jobs will appear and they won’t have to do a thing like learn new skills. So politicians on both sides are silent or even worse make vague promises of something that won’t happen.
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Post by #notLauren on Jan 24, 2018 19:01:54 GMT
I don’t think anyone should be the least bit surprised by this. Corporate America is beholden to their stockholders to provide the best returns they can, and have been sitting on billions of dollars for a while now. If they would have wanted to increase wages or hire more people or bring jobs back here, they could have done that already but they didn’t. There was no incentive to do so before and I believe even with the new tax laws there still isn’t. I think what will be surprising is the sheer number of jobs yet to be automated that no one ever imagined. I will freely admit being a bit shocked recently to see the number of cashiers/order takers inside a McDonald’s reduced to one, with a shiny new collection of computer touch screens in the restaurant lobby taking their place. Welcome to the wave of the future, folks. It’s already here. Don’t forget, that much of the new push for automation has come in the wake of commands by low skill labor for $15 an hour
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Deleted
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Sept 29, 2024 2:24:39 GMT
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Post by Deleted on Jan 24, 2018 20:04:19 GMT
“Don’t forget, that much of the new push for automation has come in the wake of commands by low skill labor for $15 an hour”
What a misleading statement.
Automation is and has been making advancements long before anyone started asking for a $15 minimum wage. It’s called evolution.
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Deleted
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Sept 29, 2024 2:24:39 GMT
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Post by Deleted on Jan 26, 2018 23:04:06 GMT
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Post by dewryce on Jan 26, 2018 23:48:50 GMT
I'm trying to remember, haven't we heard something about companies using the profits from tax cuts to benefit their shareholders instead of investing in their employees and the communities before? Oh wait! That's right, heads of many of the largest corporations said that's exactly what they would do. Economist reiterated that information. I just wish there was a way for Congress to have received this information before the vote. Oh wait...
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sassyangel
Drama Llama
Posts: 7,456
Jun 26, 2014 23:58:32 GMT
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Post by sassyangel on Jan 27, 2018 0:02:24 GMT
Years of record corporate profits for fortune 500 companies (including my own). If companies didn't do the right thing by their employees and "trickle down" some of those profits to them, then they're not likely to do with that with the generous corporate tax cuts they got either.
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Post by MissBianca on Jan 27, 2018 2:20:04 GMT
I don’t think anyone should be the least bit surprised by this. Corporate America is beholden to their stockholders to provide the best returns they can, and have been sitting on billions of dollars for a while now. If they would have wanted to increase wages or hire more people or bring jobs back here, they could have done that already but they didn’t. There was no incentive to do so before and I believe even with the new tax laws there still isn’t. I think what will be surprising is the sheer number of jobs yet to be automated that no one ever imagined. I will freely admit being a bit shocked recently to see the number of cashiers/order takers inside a McDonald’s reduced to one, with a shiny new collection of computer touch screens in the restaurant lobby taking their place. Welcome to the wave of the future, folks. It’s already here. My friend went to McDonalds and went up to the counter to order coffee. The girl behind the counter gave her a blank stare. She finally said you have to order over there at the kiosk. My friend turned around and said, Yeah I don’t work here. She had the girl ring her out. It’s the same reason I don’t use the self service at the grocery store. 1) I want people the have jobs and 2) if I’m going to pay the insane prices I pay for food, someone is going to ring me out. It’s not like the price is going to go down if I do all the work myself.
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Post by MissBianca on Jan 27, 2018 2:24:50 GMT
Don’t get me started on Pfizer. They came into the town I used to live in, sued and sued and sued families and took their houses by eminent domain to build a huge office complex and now 90% of it sits empty.
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Deleted
Posts: 0
Sept 29, 2024 2:24:40 GMT
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Post by Deleted on Jan 27, 2018 3:03:54 GMT
I don’t think anyone should be the least bit surprised by this. Corporate America is beholden to their stockholders to provide the best returns they can, and have been sitting on billions of dollars for a while now. If they would have wanted to increase wages or hire more people or bring jobs back here, they could have done that already but they didn’t. There was no incentive to do so before and I believe even with the new tax laws there still isn’t. I think what will be surprising is the sheer number of jobs yet to be automated that no one ever imagined. I will freely admit being a bit shocked recently to see the number of cashiers/order takers inside a McDonald’s reduced to one, with a shiny new collection of computer touch screens in the restaurant lobby taking their place. Welcome to the wave of the future, folks. It’s already here. My friend went to McDonalds and went up to the counter to order coffee. The girl behind the counter gave her a blank stare. She finally said you have to order over there at the kiosk. My friend turned around and said, Yeah I don’t work here. She had the girl ring her out. It’s the same reason I don’t use the self service at the grocery store. 1) I want people the have jobs and 2) if I’m going to pay the insane prices I pay for food, someone is going to ring me out. It’s not like the price is going to go down if I do all the work myself. I always stand in the lines and don't use the self service check out for just that reason!!
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Post by revirdsuba99 on Jan 27, 2018 3:45:54 GMT
I'm trying to remember, haven't we heard something about companies using the profits from tax cuts to benefit their shareholders instead of investing in their employees and the communities before? Oh wait! That's right, heads of many of the largest corporations said that's exactly what they would do. Economist reiterated that information. I just wish there was a way for Congress to have received this information before the vote. Oh wait... Cohn. I think he was the one that asked how many of the businesses present who pass $$$ to employees.. There were NO hands and he was shocked! That was long before th e vote! Found the article! Trump economic adviser appears surprised by CEO tax proposal responseBY REBECCA SAVRANSKY - 11/15/17 09:00 AM EST 1. Tax-overhaul backers say corporate rate cut will encourage investment by businesses
2. During #wsjceocouncil interview with Gary Cohn, WSJ asks CEOs to raise hands if they'll boost investment if rates cut
3. Few CEOS raise hands
4. Cohn asks: "Why aren't the other hands up?" pic.twitter.com/5PI60NlW0A
— Tim Hanrahan (@timjhanrahan) November 14, 2017
White House economic adviser Gary Cohn appeared surprised at an event after few CEOs said they planned to invest more if the GOP's tax plan is passed. During an event for the Wall Street Journal's CEO Council, an editor at The Wall Street Journal asked the room: "If the tax reform bill goes through, do you plan to increase investment — your company's investment, capital investment?" People were asked to raise their hand. When few hands were raised, Cohn, the White House Economic Council director, asked: "Why aren't the other hands up?"thehill.com/policy/finance/360444-trump-economic-adviser-stunned-after-few-ceos-say-they-will-invest-more-if-taxCisco, Pfizer, Coca-Cola plan to turn over gains from proposed tax cuts to shareholdersBY REBECCA SAVRANSKY - 11/29/17 03:56 PM EST
A string of corporate giants have said that they would give back to shareholders any gains they make from corporate tax cuts proposed in the GOP's tax plan, Bloomberg News reported, undercutting Republican claims that the revenues will quickly trickle down to workers. The comments from company executives — including those at Cisco Systems Inc., Pfizer Inc. and Coca-Cola Co. — come after the White House released a paper last month arguing that a corporate tax cut would boost wages. The chief executive of Amgen Inc. said in an October call that the company is "actively returning capital in the form of growing dividend and buyback."
"And I'd expect us to continue," Robert Bradway said in the call. These comments were echoed by executives including Coca-Cola CEO James Quincey, Pfizer Chief Financial Officer Frank D’Amelio and Cisco CFO Kelly Kramer, according to Bloomberg.thehill.com/policy/finance/362412-cisco-pfizer-coca-cola-plan-to-turn-over-gains-from-proposed-tax-cuts-to
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PLurker
Prolific Pea
Posts: 9,790
Location: Behind the Cheddar Curtain
Jun 28, 2014 3:48:49 GMT
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Post by PLurker on Jan 27, 2018 3:51:36 GMT
Well to be fair the Democrats aren’t saying much of anything that might address this real challenge to the American worker either. EXACTLY! They never miss an opportunity to miss an opportunity! Although 45 has escalated it, both sides are guilty of being too busy pointing fingers to concentrate what they are supposed to be doing. Their job. Such a mess.
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Post by revirdsuba99 on Jan 27, 2018 3:56:08 GMT
EXACTLY! They never miss an opportunity to miss an opportunity! Although 45 has escalated it, both sides are guilty of being too busy pointing fingers to concentrate what they are supposed to be doing. Their job. Such a mess. YES!
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Post by crazy4scraps on Jan 27, 2018 4:04:36 GMT
EXACTLY! They never miss an opportunity to miss an opportunity! Although 45 has escalated it, both sides are guilty of being too busy pointing fingers to concentrate what they are supposed to be doing. Their job. Such a mess. Maybe what ought to be automated is Congress. Replace the lot of them with a bank of shiny new touch screen computers so we can all go up and order what we want. Think of all the money we would save by not having to pay out all those cushy lifetime benefits! Not only that, it would help achieve the reduction in government that so many people say they want—double bonus!
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Deleted
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Sept 29, 2024 2:24:39 GMT
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Post by Deleted on Jan 27, 2018 9:56:15 GMT
EXACTLY! They never miss an opportunity to miss an opportunity! Although 45 has escalated it, both sides are guilty of being too busy pointing fingers to concentrate what they are supposed to be doing. Their job. Such a mess. Absolutely! I am disgusted at the whole lot of them. Don’t know who they are working for but it sure isn’t the American people.
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