After Taking A $10 Billion Bailout, Goldman Sachs Announces It Will Outsource 1,000 Jobs To Singapore
Here's a little bit of what the article says:
What I want to know is why aren't this people denounced as unpatriotic? Even un-American?
Less than three years after receiving $10 billion in bailout money from American taxpayers, Goldman Sachs informed its employees recently that it will fire 1,000 workers in the United States and elsewhere, shifting their jobs to the cheaper Singaporean labor market.
The move to shift 1,000 jobs to Singapore is part of an overall effort by Goldman Sachs to cut $1 billion in operating costs over the next year. However, Goldman is firing American workers at a time of record profits for the company, which raked in $2.7 billion in profits in the first three months of 2011 alone.
Now listen up all you "conservatives" out there. THESE are the people you don't want to raise taxes on?