It's best that a company shut down overnight and move the equipment to India as soon as possible.
One wouldn't want to leave a safety net for the workers or anything. That would be wrong.
Where does it say that?
It's better to give companies reasons to move to your country rather laws that make them stay away.
So $5/day and no benefits? That would work, until some other country will do it for $4.50/day, then $4/day etc.
Jobs pay what they are worth. If that's all a company is willing to pay then perhaps it's up to people to up their value.
This is a design house, design things people want and make piles of money. Nobody wants what you design? Goodbye.
Other than healthcare and the service industry, there isn't anything that can't be off-shored. Indian and Chinese IT and engineering companies work for pennies on the dollar. They can set up sales offices wherever and get the work done at their home offices. No serious labour or environmental regs, low, low wages.
So why do people pay more for cars designed in Germany then ones designed in India or China? If all engineering is the same and it can be sent anywhere then why bother with the expensive Gemans?
Because it's not all the same. People will pay for the best and if you want succeed then you have to offer it.
It's a lot more difficult to engineer a cheap car than an expensive one. But besides that fact, you are confusing branding and engineering. Consumer tastes change, and people move on.
GM had 50% of the US market to itself in 1970. In their hubris they ignored the threat of foreign competition and got skunked. It took them a long time to stop the decline.
The Germans supplanted the Americans at the luxury end of the NA market. Then Lexus showed up and rained on their parade. The Germans, especially Mercedes, didn't take the threat of the Japanese seriously and got whacked. Mercedes tried to take costs out of their cars to be more competitive, and the formerly reliable brand hit the skids hard through the late 1990s.
Pretty much simultaneously, while Mercedes was still tops of the German heap, tastes moved away from staid bahn cruisers to sportier BMWs. BMW became the top German. Now, Audi has stolen their perch, while Mercedes has made a comeback. BMW appears to be rudderless at the moment. Meanwhile fresh products from Cadillac are helping them regain market share while keeping transactions costs pretty competitive.
The Chinese and Indians don't have product in this end of the market yet. It wasn't that long ago that Japan, then Korea were only known for producing junk. Those days are long gone. It's only a matter of time that the Chinese develop their own competitive products.
We have an Indian subsidiary. Competition to get into top engineering schools in India is fierce, with only the brightest of the over 1.2B people getting in. Their skills are easily the match of anyone else in the company, and their work ethic is beyond reproach. The question now becomes, why do the work with Canadian workers at $600/day when our Indian counterparts will do it for $20-40/day?
The right seems to be labouring under the impression that only Westerners can do high tech stuff. I would have though they would have learned from the example of the Japanese and Koreans that skills are broadly distributed.
