I'm so glad that Scott Walker keeps telling us that he made things so much better for companies, because otherwise, we'd have no way of knowing. Especially not with stories of
even more people losing their jobs:
Thermo Fisher Scientific Inc. is cutting nearly half of its workforce in Milwaukee, the company said Thursday, weeks after it announced the end of its manufacturing in Two Rivers.
The company is eliminating about 43 of 100 jobs at its Milwaukee location, which makes laboratory reagents and performs product development. The work is being transferred to other Thermo Fisher locations, including a plant in Lithuania, company spokesman Ron O'Brien said.
When Walker said that he was going to create 250,000 jobs, he forgot to mention that they would be everywhere but Wisconsin.
Is there a trend of Wisconsin companies buying more European companies lately?
ReplyDeleteFor one company here, one of the newly acquired locations is in the Czech Republic, and as stated locally, it is a low-labor cost location.
Which makes me wonder if certain Wisconsin locations might be getting shifted eventually overseas. And then though the magic of Free Trade, it can be brought back into the U.S. at a higher profit. Thanks Ron Johnson! (not!)