Behind a Company’s Move – Is the bottom line the only factor?
Thanks to this smartphone video of one company’s announcement of their moving operations to Mexico, coupled with a certain presidential candidate’s ongoing tirade against US businesses moving out of the US, there seems a growing element of discontent across the country with the priorities of businesses in general – priorities that place the bottom line ahead of the people whose work, ironically, allows there to be a bottom line.
Rather than join in the ruckus we decided to take a look at a handful of high-profile businesses that are presently on the move and see just what is behind their decisions to relocate. Why are companies moving? Turns out it’s not always a simple matter of increasing profits. (more…)