United Technology’s announcement last November that its Carrier Corp. plant would keep jobs in Indiana rather than move them to Mexico was heralded as a significant victory for American workers. However, the true impact of the deal was hidden below the headlines. United Technologies CEO, Greg Hayes, said the company will invest $16M “to…automate to drive the cost down so that we can continue to be competitive… ultimately…there will be fewer jobs ."
Carrier’s plans underscore a harsh reality: most American jobs aren’t going to Mexico, China or another foreign country, they’re being automated. The workers left behind often struggle […]
Full Post at www.forbes.com