"Why not aerospace?" many of you have asked. Well, for starters,
there was the big cut in defense spending that put most of the minor
players out of business, and many workers out on the streets.
Then, in order to survive, the remainders bought and sold each other
-- usually cutting about 20% of the workforce as they did.
Now, the competition for the few remaining contracts is so intense
among the surviving aerospace companies that all costs (like pay and
benefits) are trimmed to the bone. Fewer and fewer people are doing
more and more work, without even the benefit of job security.
Loyalty to the workers is a thing of the past.
We just signed a billion dollar plus contract that will give us the
biggest backlog of work in the company's history. At the same time,
the powers here decided the profit line was too narrow so they ordered
the end of 850 contract labor jobs. The result? More work
distributed among fewer people.
"Just work smarter, not harder," the bosses say. How, they don't say.
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