Maytag from bad to worse
- Thread starter partscounterman
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why dont we all just save everyone the time and aggravation and hand over the country, right now.....
toggleswitch, don't be so impatient...
...at the rate things are going, that'll happen in a week or two. And don't get me started regarding outsourcing.
Hey, I'm a left-wing liberal, no doubt about it -- but things like this, Chrysler owned by Daimler, etc., etc., these old American company names going offshore -- what control are we going to have over our economic and corporate base at this rate? Globalization is one thing, foreign dependency is another...
John
John
...at the rate things are going, that'll happen in a week or two. And don't get me started regarding outsourcing.
Hey, I'm a left-wing liberal, no doubt about it -- but things like this, Chrysler owned by Daimler, etc., etc., these old American company names going offshore -- what control are we going to have over our economic and corporate base at this rate? Globalization is one thing, foreign dependency is another...
John
John
If NAFTA didn't kill our USA companies, FTAA will!
Something to read when you get a chance!
Every company wants to make a profit and doing it over seas is cheap but who really wins in the long run?
Not us because its disposable and American job are being tossed away at the same time........
We all lose because we lost our jobs for cheap labor and goods that are sold to us is made in sweat shops and the products only last for a short period of time because of the off shore trading and American pride was not included in building the materials.
Something to think about!
Something to read when you get a chance!
Every company wants to make a profit and doing it over seas is cheap but who really wins in the long run?
Not us because its disposable and American job are being tossed away at the same time........
We all lose because we lost our jobs for cheap labor and goods that are sold to us is made in sweat shops and the products only last for a short period of time because of the off shore trading and American pride was not included in building the materials.
Something to think about!
Powerless to foreign influence
Well guys, I'm a right wing conservative capitalist and this stuff just makes me sick! First of all, I am soooooooo tired of everything being made in China! It is almost impossible to find anything that doesn't have the familiar "made in China" sticker on it. Our imports are far exceeding our exports, which isn't exactly helping our economy.
I believe that the purchases of American corporations by foreign interests is a serious threat to the United States and it's economy. Not only are we dependent on foreign oil, we are fast becoming dependent on foreign manufacturers to make and even service our consumer goods. IMHO there will be no physical war with China. They will implode us (economically) from the inside out; it's already begun.
Well guys, I'm a right wing conservative capitalist and this stuff just makes me sick! First of all, I am soooooooo tired of everything being made in China! It is almost impossible to find anything that doesn't have the familiar "made in China" sticker on it. Our imports are far exceeding our exports, which isn't exactly helping our economy.
I believe that the purchases of American corporations by foreign interests is a serious threat to the United States and it's economy. Not only are we dependent on foreign oil, we are fast becoming dependent on foreign manufacturers to make and even service our consumer goods. IMHO there will be no physical war with China. They will implode us (economically) from the inside out; it's already begun.
I hate offshoring just as much as the next person, but us, as American consumers are partially to blame for it. Whenever a consumer goes into a store, and sees ABC's product sitting beside XYZ's product, the price is looked at next, and more often than not, the product with the cheaper price tag is the one the consumer leaves with. People unfortunatley do not shop for quality, they shop price. Manufacturers then need to cut their price, and that means cutting their bottom line by building their products in overseas sweat-shops.
Another factor in offshoring is the stock market. Modern Stockholds really don't have an interest in the long-term longevity of a company, or the reputation of the product or service that company produces. All they care about is that their little piece of paper is making them money, and they will get rid of it if it ever looses as much as a penny of it's value! Companies will do anything to keep their stock prices up, even literally cannibalizing themselves! If a company can make prophits, and thus stock prices higher by moving a factory overseas. It's a sad thing, but I think most U.S.A. owned companies are more interested in selling stock, than selling their product or service!!!
Another factor in offshoring is the stock market. Modern Stockholds really don't have an interest in the long-term longevity of a company, or the reputation of the product or service that company produces. All they care about is that their little piece of paper is making them money, and they will get rid of it if it ever looses as much as a penny of it's value! Companies will do anything to keep their stock prices up, even literally cannibalizing themselves! If a company can make prophits, and thus stock prices higher by moving a factory overseas. It's a sad thing, but I think most U.S.A. owned companies are more interested in selling stock, than selling their product or service!!!
Still nothing beats being in the souvenir shop "I LOVE NY" stuff ALL MADE IN CHINA.
It just ain't right!
It just ain't right!
sickening
I can't believe that an upstart company like Haier, who comes out of nowhere is looking to purchase a company that has been around for over 100 years. How long has this Haier upstart been around?
Boy,if they get Maytag, they will be totally finished.
Disgusting.
I can't believe that an upstart company like Haier, who comes out of nowhere is looking to purchase a company that has been around for over 100 years. How long has this Haier upstart been around?
Boy,if they get Maytag, they will be totally finished.
Disgusting.
spiraclean
Active member
Hi folks,
This is indeed a sad situation, it reminds me of IBM's PC division which was sold to the China based Lenovo. I know I will not be buying another IBM PC.
All the best.
Hugh.
This is indeed a sad situation, it reminds me of IBM's PC division which was sold to the China based Lenovo. I know I will not be buying another IBM PC.
All the best.
Hugh.
GREED
Maytag over-reached to become one of the big-boys. It cost them tons of money to buy-out the smaller competitors, and get... a cooking and refrigeration line and now money woes.. IMAGINE? What a surprise....
*SIGH*
Maytag over-reached to become one of the big-boys. It cost them tons of money to buy-out the smaller competitors, and get... a cooking and refrigeration line and now money woes.. IMAGINE? What a surprise....
*SIGH*
spiraclean
Active member
Greed
Hi Steve,
Yes indeed thats whats wrong woth the world today greed everywhere you look.
All the best.
Hugh.
Hi Steve,
Yes indeed thats whats wrong woth the world today greed everywhere you look.
All the best.
Hugh.
Are they forgetting that companies' "side" purpose is to provide employement LOCALLY?
WAKE UP! See past your nose!
How does the saying go?
The only thing we learn from history is that people (societies/companies) are doomed to make the same mistakes we see in history.
WAKE UP! See past your nose!
How does the saying go?
The only thing we learn from history is that people (societies/companies) are doomed to make the same mistakes we see in history.
westytoploader
Well-known member
- Joined
- Sep 4, 2004
- Messages
- 4,485
The scary part is that if this happens, we could actually be importing our automatics from China...
By the time this Maytag fiasco is all said and done, those Norgetags will certainly become collectibles, IMHO!
By the time this Maytag fiasco is all said and done, those Norgetags will certainly become collectibles, IMHO!
spiraclean
Active member
Buy US made
Hi Steve,
I always try to buy US made or UK made goods, I know a lot of people who have lost thier jobs as a direct result of cheap foreign imports.
All the best.
Hugh.
Hi Steve,
I always try to buy US made or UK made goods, I know a lot of people who have lost thier jobs as a direct result of cheap foreign imports.
All the best.
Hugh.
A company's side business is to make products, not create employment. It's #1 business is to make money for itself and its shareholders, if it is a publicly held company. Employment is a consequence which just happens to benefit people working in the area of the company and its plants.
In my recent dealing with Maytag, they all unanamously cite the UAW as the number one cause for the downfall. Workers are making $100K for sitting and watching robatics make things. People who actually have to work in the plants by screwing cabinets together are making $60-$80 an hour. Maytag just cannot afford to pay that kind of wage for low skill labor. And those wages ARE rediculous! By that standard, I should be paying the people I employ to clean my laundromats well over $200 an hour! No way. The Union will be the first thing to go once the sale is finalized.
In my recent dealing with Maytag, they all unanamously cite the UAW as the number one cause for the downfall. Workers are making $100K for sitting and watching robatics make things. People who actually have to work in the plants by screwing cabinets together are making $60-$80 an hour. Maytag just cannot afford to pay that kind of wage for low skill labor. And those wages ARE rediculous! By that standard, I should be paying the people I employ to clean my laundromats well over $200 an hour! No way. The Union will be the first thing to go once the sale is finalized.
In my opinion------
Yes---but-----it would be easier to argue with the unions if the top echelon of the company were not drawing down millions and millions of dollars for sitting around and making some really bad decisions. OH, and don't forget those "golden parachute's"!
Like many American companies----particularly the airlines, there is plenty of blame to go around. I know I don't care too much for my taxes bailing out the likes of some of the severly mis-managed companies we have seen crumbling in our country lately.
As far as sending jobs overseas, all I can say is when I have a problem with a utility bill (or anything else) and I call to straighten it out, I'd much rather talk to a NICE, educated, well mannered, well spoken person in India, than someone (un-educated,shiftless, and without ANY manners or people skills) in our country dredged out of the ghetto with an attitude to match! THAT is what I have encountered the last few times I spoke with someone at Maytag's (so called) "Customer Service Department".
Yes---but-----it would be easier to argue with the unions if the top echelon of the company were not drawing down millions and millions of dollars for sitting around and making some really bad decisions. OH, and don't forget those "golden parachute's"!
Like many American companies----particularly the airlines, there is plenty of blame to go around. I know I don't care too much for my taxes bailing out the likes of some of the severly mis-managed companies we have seen crumbling in our country lately.
As far as sending jobs overseas, all I can say is when I have a problem with a utility bill (or anything else) and I call to straighten it out, I'd much rather talk to a NICE, educated, well mannered, well spoken person in India, than someone (un-educated,shiftless, and without ANY manners or people skills) in our country dredged out of the ghetto with an attitude to match! THAT is what I have encountered the last few times I spoke with someone at Maytag's (so called) "Customer Service Department".
Also look for Maytag to change corporate headquarters to a major city. You can't attract top executives to work in a po-dunk town in the middle of a corn field. Newton, IA is about to become a ghost town.
Well, hopefully they will still have the dairy. Their cheese is excellent!
Somehow I get the feeling that no matter who buys them out----the BIG plan will be to "part-out" the company, not re-build it. Pity.
Somehow I get the feeling that no matter who buys them out----the BIG plan will be to "part-out" the company, not re-build it. Pity.
