Parker Hannifin Sending Jobs to China

A few weeks ago I talked about how companies continue outsourcing engineering jobs which in my opinion is a big mistake. It might save money in short term but certainly costs them company more money in long term.

I wish we could go back to the time that companies were proud of creating jobs in the country and helping the overall economy rather than beating the stock market expectations by half a percent or so.

Here is another example where Parker Hannifin employees are losing their jobs due to outsourcing.

Related posts:

1. Parker Hannifin to Close Cleveland Plant
2. Earning Expectations From Rockwell Automation & Parker Hannifin
3. Parker Hannifin Acquires Micro Thermo Tech