Thread regarding Hewlett Packard Enterprise (HPE) layoffs

@3vkt, as long as the jobs stay in the Continental USA, that's what really matters (I think Trump has been very clear on that as his administration policy). Companies were created to make money, and they'll continue to do so wherever they can make the most.

Just look at the last 30 years of dealings with Boeing by Washington state. Boeing rattles their saber, WA cuts their taxes and gives out incentives to keep production in metro Seattle. Boeing builds a non-union 787 plant in South Carolina, WA offers more tax cuts (which offset how terribly underwater the SC plant is from costs for training and quality).

The problem with the "give us money or we'll move!" strategy is, ultimately, it just leads to more and more of our tax dollars going into the pockets of corporations without seeing a real rate of return on it. And it means you're not competing with other locations based on anything but cost.

I think the Trump fans should pick up a copy of this amazing book I found on the economic problems of corporate subsidy dependence. It's called "If You Give A Mouse A Cookie."

I don't know why you people argue about this. Trump won and the Republicans got everything. He will do whatever he wants with no real opposition, and he'll be there probably for 8 years. By 2024 we'll know if America got great again, or if the whole planet was f----d up. Chelsea 2024!! (Hehehehe Just joking, guys... Just joking...)

@1oma, that would happen anyways, and not just because of tax incentives. The huge difference is that there won't be as many jobs leaving the Country - so many more options/opportunities around.

With the reduced corporate tax the merger and acquisition's of companies is going to increase a lot. What does this mean for the average worker? More layoffs.

Learn from the experts... Yeah, baby, yeah...

https://medium.com/@Sebavidal/this-is-why-your-startup-should-learn-about-taxes-in-puerto-rico-95352878a0c1

Doing nothing was not an option - and that's exactly one of the reasons why Clinton lost. Tax incentives and tariffs on imports are needed (at least for a period of time) to stop the offshoring craziness and start getting jobs back. Change was desperately needed, and that wasn't going to come from Clinton.

DT wants to slap a tariff on imported goods which means higher prices for all of us consumers. He also wants to reduce the corporate tax rate from 35% to 15% which will be a HUGE benefit to HPE and other large companies. Anyone who thinks a billionaire NY real estate magnate is going to be the champion of the working class is seriously delusional.

Because it is a very expensive publicity stunt. This is going to cost the taxpayers of Indiana $7M over 10 years. This solution does not scale, it is a clear example of bad deals that represent Trump's long history of failed businesses.

Trump policies seems to be short sighted and entangled because this Carrier deal which we know very little about will benefit the 800 or so workers but in the long run will be bigger burden on the Indiana Tax payers and also on the cost of carriers that will have to go up. The State taxpayers should have voted for this not sure if this will happen. How will future United Technologies bids for military contracts benefit? People say that it is Indiana's business but Carrier is sold nationwide....what a tangled web we weave when we choose....

Frankly, I'm a lil wore out by corporations constantly touting how labor is such a drag on profits, how employees are perceived as liabilities rather than assets.

How about changing the narrative? How about looking at good, hard working folks as the assets they are rather than beating up morale day by day. If a corporation reports profits in the billions, how about we explore the formula that reveals each employees contribution to that report?

Corporate compensation for executives sometimes exceeds 300% of the average "productive" worker. Why is it that execs perform poorly, yet still receive exorbitant compensation packages...even on their way out the door? How about the discussion change from American labor to how American corporations take advantage of foreign labor. The world as we know it would not exist if not for the ingenuity, experience and hard work of the American worker. How about we discuss the greatest transfer of wealth in world history...from America to a communist nation that could give a rat's patookie about the health/safety of their population? The wealth has risen to the top over the last two decades. This is not capitalism of old, this is some sort of perverted hyper-globalism that shows no boundaries, no loyalties, no patriotism. The narrative needs to change. Rather than constantly ram down our throats how sorry the American worker is/has been, let's focus on rebuilding American manufacturing/industry and lead the world.....with a truly LEVEL playing field.

Bernie is that you?!?!?!

Meg's laughing at all you Trumpeters thinking the new administration will be anything but a boon to her. Their deregulation will make it easy for her to continue her dirty work, unabated by those pesky SEC regulations, and since she's no longer shipping jobs overseas, but firing everybody across the board (or replacing them with cheaper and easily disposable contractors - yes, those new people on your team are not there to help you, they are there to transfer knowledge and take your jobs).

A dirty liar with an ego has snowed you all... robbing Peter (us workers) to pay Paul (corporations like Carrier) with corporate welfare. Carrier will come out even sweeter because even though they don't have to do it, they will still be making their "Saved workers" take pay and benefit cuts. What a wonderful, "great" place America will become - for the wealthy.

That simplistic logic all sounds great on the campaign trail but the math doesn't work. Corporate tax incentives to those companies are made up elsewhere by you and me - the taxpayers. And please don't push for that 35% tariff on imported goods that DT keeps promising - you know that means the cost of those components and consumer products (all the things you and I buy) will increase by the same 35%, right? The manufacturers never absorb any of those costs, they pass the increase on to us. Those fancy $600 phones we all buy will now be more like $2,000 if they really implement all of that campaign talk. I guess we'll soon see how this all plays out.

This gives me new hope after years of watching what's going on at this company. Hopefully the new president remembers Meg undermining him and goes directly after her tax advantage model.

And the elections are not over, more people voted for Hillary Clinton and the electoral college hasn't voted yet

BECAUSE whos going pay for it? If you give too many tax breaks to corp's then the working man has to pay for it somehow.

Fine and Tax companies for going off shore. If they have to pay more to offshore they will stay. And if they don't we'll get all the extra tax dollars to help the people out of work!

“They’re not gonna leave this country, and the workers are gonna keep their jobs,” he continued “And they can leave from state to state and they can negotiate good deals with the states and all of that, but leaving the country’s gonna be very, very difficult.” - 45th President of the United States, Donald John Trump

The elections are over, dude...