OK, another company is moving because they have to stay competitive. If they can't compete that speech would have been from a security guard at the door telling workers who just showed up to work "sorry, THEY went out of business and you no longer have a job". The company owes the worker nothing more than their pay check and bennies. At least Carrier is giving the workers fair warning. Other companies have done stuff like giving workers 90 days or less to seek new employment.
The company owes itself a profit. The company owes some return on investments to stock holders. Where does everyone get the idea that a company owes the worker life long employment?
Little quick economics here. If anyone of you and I owned a business that provided some type of item that was essentially they same thing and of the same quality and I can get that item for less than you I can drive you out of business. If we are making something and my company is union and yours isn't and base starting pay for my workers is 20 and hour and yours is 10 you can undercut my prices by a long shot and I either move off shore of close up. It's that simple.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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