Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Corporations
Finance Discussion Forum

 Is the company I'm working for breaking the law?
This is a major retail store..

I am full time and they told me that I would have a minimum of 32 hours. Anything over 40 would be over time. They have me on the schedual in a few weeks ...


 How come on "Black Friday" you can't go into Walmart?..?
or Target without getting stampeded by crazed cheap crap shoppers? It's literally a feeding frenzy for the masses, where half of them act like animals trying to get to the mud slop to eat! I ...


 How do make money on an invention without giving all you money away!?
...


 You tube or google videos?
which one has better videos and better video ...


 How do i get fired up for the job i am holding?
I am an HR ...


 Why doesn't McDonalds sell onion rings?
I heard once in a seminar that McDonalds doesn't sell onion rings in the US because doing so would create a shortage in the world supply of onions that would cause the price of onions to ...


 What are the advantages of globalization ?
...


 What is ownership in business?
...


 Is Target a French-owned corporation?
...


 How do i physically setup a filing system in my office?
I am setting up a new office with physical filing cabnets. And I have to settup a new filing system for documents that for example are accounts receiveables. What my problem is I am not sure how to ...


 What do you think is the best company ever existed?
...


 Will all telemarketers eventually end up in hell?
I hope that telemarketers and their companies should just get a one way ticket to hell. In hell, I hope that they have to listen to their own sales pitch every second of the day....


 Who needs a Kwik-E-Mart?
...


 Do I have a reason to be mad?? READ!!?
I have worked at a retail store for 3 years. We have a small staff (7 people). I am the 2nd oldest person at the store and I am still an associate. Earlier this year, we had an opening for a ...


 Google Inc.?
Google's price per stock is between 440 to 460. My question is that how does the companies like Yahoo and Google make their money. Everybody knows that they are search engines and what not, but ...


 Walmart phased out lay a way?
I just heard walmart is phasing out there lay a way program.Darn it to heck thats how i do christmas. I know I will do OK but what about families that depend on that service to provide a decient ...


 Asking business partner to leave?
About a year ago I formed a corporation with two other people. I hold 50% of the company. One member was supposed to be the "financier" and holds roughly 30% of the company. He is a ...


 Communism is an economic system that is gaining in worldwide popularity, True or False ?
...


 What is the difference between a director & a chairman of a business? who is higher?
...


 Where did the expression Your fired come from?
...



Buckwheat
What do you think about the Hershey company laying off thousands of American employees and moving to Mexico?
They say it will save shareholders money. Seriously, would you still buy their chocolate anymore? or would it be more satisfying to see it backfire on them and watch all their shareholders go broke because of them turning their back on their country out of greed?
                     
 




John V
Actually everyone who responded or read the responses should read this before making judgment. Hershey is closing a few plants and laying off those employees, and are going to build a facility in Monterey Mexico. However Hershey is still going to continue to make chocolate in the US and is not closing down its operations here. Only about 10% of Hershey's workforce will be affected. Please read the following excerpt, and the URL in the Source List.



"Milton Hershey was not your typical corporate tycoon unlike others who exploited their workers to produce the largest possible profit, he worked to better the lives of those he employed. He built them a town (named Hershey, of course), and furnished it with schools, churches, banks, and stores. He also established the Hershey Industrial School (now the Milton Hershey School), then a training center for orphaned
boys but now open to both genders.

Milton Hershey died in 1945, but his town of Hershey lives on, as does his chocolate-making empire.

In February 2007, Hershey's announced it would be cutting more than ten percent of its workforce and closing some of its U.S. plants. It expects to do away with about 1,500 jobs over the next three years from its current workforce of more than 13,000 and also plans to reduce the number of manufacturing lines it operates by almost a third. The company is building a new facility in Monterrey, Mexico, that it says will be focused on both low-value added products and on emerging markets, and it is setting up a joint manufacturing venture in China with Lotte Confectionery of South Korea.

Hershey's Canadian operations are almost ended; by December 2007 the company will no longer have facilities in Canada. Other plant closures include facilities in Oakdale, California; Naugatuck, Connecticut; and Reading, Pennsylvania.

However, despite the e-mail's message that Hershey's is ending its U.S. operations, it should be kept in mind that while 3,000 of Hershey's U.S. workforce was (or will be) laid off, the rest of its American employees continue to work for the company, and Hershey's plants in the U.S. continue to make chocolate.

Boycott the chocolate maker's products if you feel it's the right thing to do, but if you do, do so on the basis of protesting a cut in Hershey's U.S. workforce, not because you think the company has ceased its American operations and shut down all its U.S. plants."

Barbara "bittersweet chocolate" Mikkelson

*Last updated:* 27 July 2007


Igor V
Rating
It's a business decision. Most people would not even know that they chocolate was produced outside the US and will still buy it.


Tim
It sucks.

But then how many people are willing to pay more for their chocolate to keep the jobs here.

We want everything, cheap prices and jobs in the US. You can't always have both.


gg4kk
It's just what they consider a good business deal.Many companies are doing the same thing.


spring fever
well honestly this is not the first company to do this i complained at least 10 yrs ago when AOL did it.I cannot stand calling with complaints and no one speaks english.I feel as though its american product and needs to stay here...but honestly what is the dollar worth anymore?


Horndog
I think that is an unwise choice by the Company.
They are making products that generally sell for about a dollar? Just how much do they expect to gain?
No, I would no longer buy from them.
To me, that is as close to denouncing one's citizenship as it gets.


Buddha13
Rating
In order for American companies to remain competitive they have to find ways to cut costs. Can you find American workers who are willing to work for a "Mexican" wage with no benefits - NO! Americans would rather sit on their butt and collect unemployment and welfare benefits.

Besides, maybe this will help stop the BILLIONS of Mexicans charging across our border to "steal" jobs from Americans.

I'll still buy their chocolate - greed is the American Way!


The Wizard
It makes good fiscal sense.


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.044
Copyright (c) 2011 Financial Crisis Sunday, May 27, 2012 - Terms of use - Privacy Policy