Companies have closed major facilities in the United States to reopen in China. By way of explanation, executives say they are competing with Apple for shareholders. If they cannot rival Apple’s growth and profit margins, they won’t survive.
They don't care about workers, they care about shareholders. If Apple says to its shareholder "We'll earn 30% less next quarter, but we'll create 30000 new jobs in the US!" how do you think the market would react ? They'd sell like crazy! The share price would plummet. No one wants to loose money.
Companies have closed major facilities in the United States to reopen in China. By way of explanation, executives say they are competing with Apple for shareholders. If they cannot rival Apple’s growth and profit margins, they won’t survive.
They don't care about workers, they care about shareholders. If Apple says to its shareholder "We'll earn 30% less next quarter, but we'll create 30000 new jobs in the US!" how do you think the market would react ? They'd sell like crazy! The share price would plummet. No one wants to loose money.