Bain offshoring victims ask Romney for help

Ravi

Diamond Member
Feb 27, 2008
90,899
14,006
2,205
Hating Hatters
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 Sensata’s workforce has been dropping ever since Bain acquired it in 2006. And the Sensata workers aren’t Bain’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
 

Forum List

Back
Top