US Politics in Trump era
Publisher: Business Insider
Author: Matt Turner
6 Dec 2016
United Tech CEO says Trump deal will lead to more automation, fewer jobs
In a TV interview with Greg Hayes, the CEO of United Technologies stated that reasons for keeping jobs in Indiana was government contracts,prospect of favorable regulations. He also said that Mexican workers are 80% cheaper and more dedicated. Furthermore UTC believes that with automation they can stay competitive in the US which will still result in job loss for US workers.