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applegrove

(118,489 posts)
Sat Dec 31, 2016, 07:29 PM Dec 2016

Companies rush to link jobs to Trump

http://www.politico.com/story/2016/12/trump-jobs-credit-companies-233044

By TONY ROMM at Politico

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Reinsch noted that United Technologies, Carrier’s parent company, likely considered how much goodwill could be gained from the Carrier move and hoped that “the next three decisions they make, he’s not going to complain about.""”

That strategy might have been on the mind of Dow Chemical CEO Andrew Liveris, who appeared with Trump earlier this month to tout a new innovation center. Speaking in Michigan, he said his company’s investment — and Trump’s presidency — would create “several hundred jobs” at Dow. That drew the praise of Trump, who earlier had named Liveris to a key manufacturing advisory post.

In reality, though, Dow is creating about 100 jobs, while moving an additional 100 back to the U.S. from other facilities, the company previously told POLITICO. Dow already was in the midst of a restructuring as it seeks to purchase rival chemical company DuPont.

Then came IBM: The day before CEO Virginia Rometty planned to huddle with Trump and other tech executives in New York, the company known as Big Blue promised to hire 25,000 workers in Trump’s first term. The eye-popping figure, however, belied the fact that IBM previously had as many of 20,000 jobs open anyway, months after it laid off as many as 14,000 workers around the world, according to one estimate earlier this year.


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Companies rush to link jobs to Trump (Original Post) applegrove Dec 2016 OP
The Lemmings are stumbling over themselves to jump off the cliff. revmclaren Dec 2016 #1
Isn't Public Relations a wonder tool? Wellstone ruled Dec 2016 #2
Headline manufacture. They use the same tactic in 3rd world countries w/ obsequious regimes. tenorly Dec 2016 #3
Profits rule them benld74 Dec 2016 #4
Its A Miracle.. Grassy Knoll Dec 2016 #5
If my boss sucked up to Trump, I would not work there. Initech Dec 2016 #6
 

Wellstone ruled

(34,661 posts)
2. Isn't Public Relations a wonder tool?
Sat Dec 31, 2016, 07:36 PM
Dec 2016

Not to worry though,our Media would not know the difference between a Corporate PR puff piece and what the real story is.

tenorly

(2,037 posts)
3. Headline manufacture. They use the same tactic in 3rd world countries w/ obsequious regimes.
Sat Dec 31, 2016, 08:18 PM
Dec 2016

Whenever said governments are in trouble politically, they''ll announce "large, new investments." Local crony media outlets will, of course, trumpet the "good news" as long as they can.

Suffice it to say, said investments either don't ultimately happen - or do but in much smaller amounts than advertised.

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