Thursday, April 21, 2011

Hamilton Sundstrand‏

http://articles.courant.com/2011-04-20/business/hc-sundstrand-layoffs-20110419_1_utc-stockholders-move-work-hamilton-sundstrand

Hamilton Sundstrand will lay off more than 200 machinists — more than 20 percent of its union workforce in Windsor Locks — and additional layoffs are likely, (Of course they are)

Dan Coulom, a spokesman for Hamilton Sundstrand, said it's inaccurate to say that the company is laying off 214 people, because the company is offering a buyout package to workers who are older than 55.

They say it is voluntary but when you don't accept their package they lay you off anyway and give you the exact same package. So do you want to jump off the bridge? Or do you want to be pushed? Either way the end result is the same. American Workers can go F*ck themselves.

"It's called an enhanced voluntary separation offer, but the voluntary part of it is not really true," he said. "We're not doing this voluntarily, believe me."
Lomba said the director of operations at Hamilton told workers in a meeting Monday morning that the machining jobs will be moved to Singapore and Poland. (The same place Pratt and Whitney Jobs are going) The company's official statement said the work was moving to U.S. and international locations.
"In Poland, they make $5.23 an hour," Lomba said. "I make $31.57 an hour. I am well paid. They make like a sixth of what we make." (Race to the bottom)
The choice to move the work and achieve those savings is likely to be greeted warmly by UTC stockholders.
Nobody hates American workers more then Wall Street. The more American Workers get kicked in the azz the happy Wall Street is. I am sure they are dancing all over lower Manhattan knowing 200 more scum bag American Worker will hit the unemployment lines.
The corporation, Connecticut's largest private employer, announced Wednesday that Hamilton's operating profit was up $23 million, more than 10 percent, in the first quarter. The division's profit margin was 16.9 percent, second highest of all UTC's divisions.
Profits are way up while employing high priced scumbag Americans. Who would have thought?
Wait till next year when the Space Shuttles are all retired and the US Government is taking in even less tax revenue. The deficit will continue (out of control) and the NASA's budget will be further decimated. When that trickles back to Hamilton Sundstrand maybe they won't think America's decline (which they contribute to) is such a great deal.

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