Monday, June 27, 2005
Goodbye Michigan
Mass exodus of auto supplier jobs begins?
This isn't one of those things I'm celebrating I got right. Back in early May, you might recall, I reflected on the general run down state of greater Detroit and speculated at a even gloomier future for the area as auto parts manufacturers became to migrate to China. Full posting can be found here:
http://elephantontheedge.blogspot.com/2005/05/detroit-not-much-left.html
But, judging by a story in todays USAToday, looks like the migration of jobs in this area is begninging, and is likely to accelerate as union contracts at the big auto suppliers come due.
Lear to cut 7,700 jobs, move some operations overseas
http://www.usatoday.com/money/autos/2005-06-27-lear-cuts_x.htm
Economic reality perhaps, but none-the-less sad.
This isn't one of those things I'm celebrating I got right. Back in early May, you might recall, I reflected on the general run down state of greater Detroit and speculated at a even gloomier future for the area as auto parts manufacturers became to migrate to China. Full posting can be found here:
http://elephantontheedge.blogspot.com/2005/05/detroit-not-much-left.html
But, judging by a story in todays USAToday, looks like the migration of jobs in this area is begninging, and is likely to accelerate as union contracts at the big auto suppliers come due.
Lear to cut 7,700 jobs, move some operations overseas
http://www.usatoday.com/money/autos/2005-06-27-lear-cuts_x.htm
Economic reality perhaps, but none-the-less sad.
