*NEWS*LEXMARK PLAYING GAMES ………

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*NEWS*LEXMARK PLAYING GAMES ………

 user 2007-10-29 at 12:17:00 pm Views: 39
  • #18906

    Lexmark plays “hunt the lowest cost country” game
    Mexico too expensive, apparently
    UK:October
    2007,PRINTER FIRM Lexmark will shut down some of its facilities in
    Mexico.Over 1,650 people will lost their jobs in Mexico, while,
    according to the Wall Street Journal , Lexmark will find jobs for
    people in countries that cost less.It didn’t say which countries it was
    targeting – last year it enraged Jock McFrock, our bekilted engineer,
    by closing a printer cartridge factory in Bonnie Scotland.Lexmark only
    made a Q3 profit of $45.2 million and that resulted in net profit
    falling by about a half.Where will it all end? It will end in tears,
    that’s where.