Skip to main content

U.S. investors see more automation, not jobs, under Trump administration

When U.S. President-elect Donald Trump criticized United Technologies Corp's (UTX.N) Carrier unit in November for its plan to move some 800 jobs to Mexico, the parent-company made a swift decision to keep the factory in Indiana.

Yet, the move did not translate into saving jobs. Instead, the company decided it would move toward automation as a way to cut costs.  Read more.

Comments

Popular posts from this blog