Motorola also said it would cut another 7,000 jobs, bringing lay-offs for the year to 32,000, or 26 percent of its workforce.
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This is in addition to the fabrication plants previously built there by Motorola.
Many of our computer boards, as well as the semiconductors are now made in China.
Surely there should be an understandable message here. How many of those who are laid off here are going to be able to take advantage of the cheaper computers?
We are moving entire industries to China while putting people out of work here. Wake up!
Do I really wonder what is causing the current recession? Does lowering interest rates address the real problem?
I began worrying about this when industries started leaving wholesale in the 60s... radios, then TVs then VCRs...
The U.S. was transformed from smokestack and hardware industries to primarily service industries, and allowed all of the critical war and defense materiel to be produced overseas.
Including aircraft, guidance systems...
By our frippin' potential enemies, fercryingoutloud!