23 February 2019

Breitbart Headline on Dexcom Job Loss Here In Mesa

Who's not clapping now after all the over-hype hoopla about "job creation" from Mesa Mayor Jivin' John Giles at a Ribbon-Cutting Ceremony for Dexcom's opening at the re-invented Fiesta Mall Corporate Park. Apparently the mayor's bragging rights about Mesa's "business-friendly" [low-paying wages] environment have been dashed by outsourcing jobs.
THANK YOU for the Jobs . . ?
Just one more dose of reality for the increasing tendencies of John Giles, the former track star, who's running again to re-elected to mayor's office in the 2020 campaign.
Giles has already formed and registered a committee for fund-raising purposes, located at the address of his private accident law/personal injury law Giles & Dickson where an employee there is the treasurer of his PAC to save his seat in public office.
He's not without his challenges when he used to say he liked to "under-promise and over-deliver"  . . . 
< Here's another inserted image of Mayor John Giles taking to the stage at another opportunity last year with AZ Governor Doug Ducey. That's the back-of-the-head of Mesa City Councilmember Kevin Thompson in the foreground.
The occasion: job expansion due to the federal funding for defense/aerospace contracts at a facility in District 6.
[It's not likely those domestic MRO jobs will get off-shored or out-sourced.]
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In the case of Dexcom, lured to re-locate here from California, a medical-device manufacturer, they got a calling to off-shore and outsource jobs to The Phillipines where "the business-friendly environment" works better in spite of the favorable corporate incentives offered by city officials.
Other news and previous posts on this blog were featured in a post yesterday, following a filing with the Security Exchange Commission [SEC] that was made public in Market Watch.
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Breitbart News definitely has a way-with-words:
Dexcom to Lay Off 350 Americans,
Outsource Jobs to the Philippines 
by John Binder
Multinational corporation Dexcom, Inc. — which manufactures continuous glucose monitoring systems — has announced that it will lay off about 350 Americans in San Diego, California, and Mesa, Arizona, to outsource their jobs overseas, and specifically to the Philippines.
Dexcom executives announced this week that the corporation will lay off 350 American workers in order to outsource and offshore their jobs to foreign countries where workers are paid slave wages.
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"Despite boasting about massive sales and rapid company growth, Dexcom executives will outsource the hundreds of American jobs to a facility in the Philippines and in other regions of Asia. Meanwhile, Dexcom CEO Terrance Gregg continues earning a yearly salary of more than $3 million.
Cheap, foreign labor is the most prominent driver of multinational corporations outsourcing American workers’ jobs to third-world nations, with the help of global free trade.
For instance, while the average yearly American family’s income is roughly $73,000, the average family’s income in the Philippines is about $5,200 U.S. dollars, making it a haven for multinational corporations to exploit cheap labor, lay off Americans, and widen executives’ profit margins.
Outsourcing and the offshoring of American jobs to foreign countries is a business model that has been embraced by multinational corporations like Wells Fargo, General Motors, AT&T, Harley-Davidson, Ralph Lauren, Nike, and IBM have all laid off Americans in order to send their jobs overseas.
John Binder is a reporter for Breitbart News. Follow him on Twitter at @JxhnBinder. 
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