What's wrong with these Japanese companies? are they brutal or what?
By tudors
@tudors (1556)
China
February 9, 2009 10:40am CST
Panasonic set to cut 15,000 jobs, close 27 plants world to cut cost. So is Toyota, Nissan (20,000). I thought the most influenced country is America, but these Japanese companies are cutting people wildly. Can't they really support their employees? or only seek for profits?
1 person likes this
2 responses
@deebomb (15304)
• United States
10 Feb 09
When people stop buying Those things then the company isn't making the money to pay the employees so they have to lay them off. People aren't going to buy those things when they might be laid off in the next month or so. People that do still have job aren't spending and saving in case they do get laid off.
1 person likes this
@wifeofharvey (1156)
• United States
10 Feb 09
I agree totally deebomb, you said exactly what I was going to say.
@deebomb (15304)
• United States
10 Feb 09
Car companies like every one else are in the business to make money. So if we the public are not buying cars and the companies continues to put them out and not doing any lay offs they are soon out of business and then every one is out of a job. and those cars just set on a lot somewhere.
