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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums1,500 steel workers laid off two days after Trump says 'US steel mills are doing great'
We are conscious of the impact this decision will have on our employees, their families, and the local community, and we are announcing it now to provide them with as much time as possible to prepare for this transition, CEO David Burritt said, according to CNN. These decisions are never easy, nor are they taken lightly.
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The layoffs come just two days after President Trump claimed the industry was in great shape.
Look at what Ive done for steel, Trump told an audience at Michigan rally on Wednesday. I mean, the steel is back. We taxed all the dumb steel coming in from China and other places, and US steel mills are doing great theyre expanding all over the country, and they were gonna be out of business within two years the way they were going.
[link:https://www.rawstory.com/2019/12/1500-steel-workers-laid-off-two-days-after-trump-says-us-steel-mills-are-doing-great/|]
All that winning....wanna put bets on how many will vote for him anyway?
MontanaMama
(23,313 posts)Any moron who votes for the MF again deserves all the pain and misery they get. Too bad theres so much collateral damage to the rest of our country.
Backseat Driver
(4,392 posts)So many "vision-impaired" when their water is poisoned, their paths to alternative energy solutions against fossil fuel consequences in the air are blocked; their kids eat lead; their recreation areas and wildlife and infrastructure projects go underfunded and unprotected - Always SMH!
Newest Reality
(12,712 posts)Corporate speak is so predictable. I guess PR has a playbook.
We are conscious of the impact this decision will have on our employees, their families, and the local community, and we are announcing it now to provide them with as much time as possible to prepare for this transition, CEO David Burritt said, according to CNN. These decisions are never easy, nor are they taken lightly.
Read: Screw 'em. Profit! Oh, and profit. More profit.
To be fair, the cannon of a corporate charter decrees that profit is god and everything else is subject to that. Corporations are legally bound to benefit their shareholders, which actually tend to be people and families that have controlling interests by way of shares. The corporate veil, (which, as we see, is rarely pierced) just shields them from accountability and liability from the negative impact the corporation creates in pursuit of said profit. Oh, and don't forget buybacks.
That's a concern and a problem, especially when it comes to our commons and the common good. Given a choice, profit is always going to be the deciding factor. PR tends to take care of the public perceptions when possible, you know, like a good coverup. Corporate speak is often a world of elaborate and creative stories that protect the profit margin.
FiveGoodMen
(20,018 posts)I'll bet they're taken goddamned gleefully.
It means more money in the pockets of the decision-makers.
Newest Reality
(12,712 posts)How about BIG bonuses even for belt tightening? Good job, Smith! Good job! More stock options coming your way. Promotions ahead.
I think the picture is supposed to be hand wringing, furrowed brows, pacing, sweating, holding back the tears, arguments, regret! Oh, if we could only keep these people on! Woe is we. So very sad. This is going to hurt us more than it hurts you. It's a heavy burden have to bear, pity us.
ChubbyStar
(3,191 posts)This play sounds so familiar......
TheFourthMind
(343 posts)marble falls
(57,080 posts)RussBLib
(9,008 posts)There are so many issues with which to club this bully, you have to have a good memory and quick recall. It can be done.
scarytomcat
(1,706 posts)What no coal!
The green new deal is where the jobs are. Wake up and go green.
lpbk2713
(42,757 posts)See how well that works out for you.
Botany
(70,501 posts)The estimated Net Worth of David B Burritt is at least $19.7 Million dollars as of 24 April 2019. Mr. Burritt owns over 2,100 units of United States Steel stock worth over $81,104 and over the last 13 years he sold X stock worth over $8,024,531. In addition, he makes $11,590,100 as President, Chief Executive Officer, and Director at United States Steel.
Raftergirl
(1,285 posts)You think they are tired yet of all this winning?
not_the_one
(2,227 posts)Initech
(100,068 posts)The punishments will continue until morale improves!
crickets
(25,969 posts)ooky
(8,922 posts)jobs who will finally get to taste for themselves the bullshit they've been peddling to others that they called "loafers who want free stuff". They''ll need health insurance and find out they can't afford the premiums of private insurance; they'll need food stamps to keep food on their tables and find out they don't qualify "because they don't have a job" and find themselves suddenly wondering how that even makes sense after watching Hannity cheer for it all the time. They'll wonder where the "great economy" is they have been hearing off the lips of Republicans while they cash in their retirement accounts to delay homelessness without a job.
Their old fantasy world is about to fall down all around them. Womp womp MAGAts, you now get to reap what you have sewn.