- Oct 14, 2007
- Reaction score
Theres General Electric, whose CEO Jeffrey Immelt has served as chair of the advisory board since January 2011. Since Immelt took over GE in 2001, the company has lost 37,000 American jobs, and added 25,000 jobs overseas, according to filings with the Securities and Exchange Commission. Some of those U.S. job losses are inflated by the companys sale of NBC to Comcast in 2009.
Chris Townsend, political director of the United Electrical Workers labor union that represents roughly 5,500 GE employees in the U.S., said the company has closed more than 30 U.S. plants since Obama took office. GE would not confirm the number.
Another company represented on the jobs board is Boeing, whose CEO, James McNerney, also chairs the Presidents Export Council, the principal advisory committee on international trade. The aerospace giant has shed over 14,000 American jobs since 2008, according to a recent report by Public Campaign, a campaign reform advocacy group.
Since McNerney became CEO in 2005, he has done little to reverse the trend of outsourcing established more than a decade ago, according to Stan Sorscher, who worked as a physicist at Boeing from 1980 to 2000. Sorscher remains in regular contact with Boeing employees as a representative for the Society of Professional Engineering Employees in Aerospace labor union.