Bain offshoring victims ask Romney for help

Ravi

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While Mitt Romney struggles to explain his retroactive retirement from Bain Capital, the company he created keeps offshoring U.S. jobs. Among them: the jobs of 170 workers in Freeport, Ill., now training the workers who will replace them when Sensata moves their jobs to China. SEC filings reveal that the U.S. share of SensataÂ’s workforce has been dropping ever since Bain acquired it in 2006. And the Sensata workers arenÂ’t BainÂ’s only recent casualties.

Some Sensata employees blame Romney for their impending layoffs. “He designed the business model for that company,” says production associate Tom Gaulrapp. “Venture capitalism, where they’re out for every last dollar, no matter what … that’s the attitude they still have.” (The Romney Campaign and Bain Capital did not answer inquiries from Salon.)

Bain offshoring victims ask Romney for help - Salon.com
 
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