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To: pwatson
As a reply to my reply, I just talked to my friend a buyer at my former employer Alcatel. He said by the end of the year he will be out of a job because they will have outsourced 100% of all manufacturing and purchasing, much of it back to the Frogs in France. The Richardson Telecom here in Richardson Texas has now lost something like 200,000 engineering, management and manufacturing jobs permanently in 2 years. Every block has 3 houses for sale on it and 2 that were for sell and now say for rent. But with no one moving into the area from corporate relocations or new jobs they then have foreclosure signs up front. I know much of this is the popping of the Internet bubble, but mostly shadows are left of:
ADC Telecommunications
Alcatel Telecom U.S.
CYRIX Corp
DSC Communications
EDS
Ericsson
Fujitsu Communications Inc.
Hewlett-Packard-Convex
Honeywell-Micro Switch
Intervoice, Inc.
MCI Network Services
NORTEL
Raytheon E-Systems
Rockwell International Corp.
Samsung
Siemens
Southwestern Bell Telephone
Texas Instruments

10 posted on 06/04/2003 11:25:37 AM PDT by pwatson
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To: pwatson
lost something like 200,000 engineering, management and manufacturing jobs permanently in 2 years

My TX friend whose hubbie works for Nortel is sweating it out right now. And my daughter, who works for Verizon in Idaho, expects to be laid off, if not this summer, then within two years. There are few other jobs up there. Thank God her hubbie has a gubmint job or they'd be facing foreclosure and other assorted ruin.

Leftie Jay Inslee is my congressman. A very effective speaker, he has the libs here wowwed even as he sends their jobs overseas.

13 posted on 06/04/2003 11:47:11 AM PDT by PoisedWoman (Fed up with the CORRUPT liberal media)
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To: pwatson
The Richardson Telecom here in Richardson Texas has now lost something like 200,000 engineering, management and manufacturing jobs permanently in 2 years.

These 200,000 jobs, from the companies you list, were worldwide losses, not exclusively from the Dallas area.

How much fiber can be put in the ground? With market saturation, how many cell phones can Ericsson and Nokia build? The replacement market will take off again when number portability is approved, by the FCC.

Of course, that will force a further shake-out in the market as plans get more competitive.

23 posted on 06/04/2003 3:22:42 PM PDT by sinkspur
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To: pwatson
ADC Telecommunications Alcatel Telecom U.S. CYRIX Corp DSC Communications EDS Ericsson Fujitsu Communications Inc. Hewlett-Packard-Convex Honeywell-Micro Switch Intervoice, Inc. MCI Network Services NORTEL Raytheon E-Systems Rockwell International Corp. Samsung Siemens Southwestern Bell Telephone Texas Instruments

The list include French (Alcatel), Japanese (Fujitsu), Canadian (Nortel), German (Siemens), Swedish (Ericssons), and Samsung (Korean) companies.

So were these companies also wrong when they relocated operations in the U.S., outsourced various functions to the U.S., and gave jobs to Americans instead of folks back home?

Is Alcatel, which is a French company, cutting American jobs and as you said "outsourced 100% of all manufacturing and purchasing, much of it back to the Frogs in France." doing the right thing or the wrong thing?

73 posted on 06/04/2003 8:55:32 PM PDT by Republican Party Reptile
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To: pwatson; PoisedWoman
ADC Telecommunications Alcatel Telecom U.S. CYRIX Corp DSC Communications EDS Ericsson Fujitsu Communications Inc. Hewlett-Packard-Convex Honeywell-Micro Switch Intervoice, Inc. MCI Network Services NORTEL Raytheon E-Systems Rockwell International Corp. Samsung Siemens Southwestern Bell Telephone Texas Instruments

The list include French (Alcatel), Japanese (Fujitsu), Canadian (Nortel), German (Siemens), Swedish (Ericssons), and Samsung (Korean) companies.

So were these companies also wrong when they relocated operations in the U.S., outsourced various functions to the U.S., and gave jobs to Americans instead of folks back home?

Is Alcatel, which is a French company, cutting American jobs and as you said "outsourced 100% of all manufacturing and purchasing, much of it back to the Frogs in France." doing the right thing or the wrong thing?

75 posted on 06/04/2003 8:58:05 PM PDT by Republican Party Reptile
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