2013 maybe the Chinese year of the snake but its shaping up to be Australians year of losing their jobs.
We are less than 2 months into 2013 and everyday, there is another company going into liquidation, cutting staff due to reduce demand or offshoring jobs to cheap labour countries. Some recent examples include:
* Wettenhall transport: Adminstrators appointened, 200 jobs threatened. * ANZ: 70 jobs from their wealth creation division being outsoruced to India. Over 500 jobs gone in 2012. * QBE: 700 jobs planned to be outsourced to the Phillipines. * Westpac: 134 jobs being outsourced to India. * Mothers Care retail: in Administration, some staff have already lost their jobs, more job loses expected. * Freedom Furniture: 30 jobs lost in their furniture making division after it decided that all furniture it sells should be imported. * Rosella Sauces: 100+ jobs lost / at risk after Rosella went to Administration. * AAPT: looking at slashing hundreds of jobs due to low margins and a falling customer base. * Telstra: 650 jobs going from it Sensis business. * Origin Energy: will cut an additional 350 jobs, in addition to 500 already flagged, during 2013 as it faces falling profits. * Iluka resoruces: 200 workers will be sacked from Iluka, a miner of mineral sands used in high-tech metals and paint pigments, after weak market conditions forced a 33 per cent slide in full year profit. * BlueScope Steel: 170 workers going from its Western Port Steel mill, this ontop of almost 1,000 people who lost their jons in 2012. * Boral: 700 jobs going, due to weak demand and import pressures. * RIO: More job losses expected in 2013. * BHP: More job losses expected in 2013.
I am sure there are many more.
What will Australia be like in 20 years?? Ford, Toyota and Holden will most likely be gone.
The situation is an embarrasement and a disgrace.
It seems only the politicans have any real job / benefit security and they are largely resposnible for making this mess!