#1
http://edgehopper.com/what-toyota-knows-that-gm-doesnt/

The article pretty much says that GM fired 50,000 employees because they weren't making any money and had to shut down factories. Toyota also had the same problem but they didn't fire the workers when they shut down factories. Instead, they took the workers and put them in ethics classes, safety classes, painted factories, built home for Habitat for humanity and other charity work. They were getting paid for all of this. Toyota has lost $50 million but they say they are going to stick to their values and help the workers.

Toyota actually cares about its workers. Honda does the same thing. they are examples. They also have not lost as much money as the other American companies. Ford and GM just fire employees during tough times. This just reminds me that Americans aren't really the role models of the world. Its kinda sad what has happened in the US
Last edited by trashyant at Nov 17, 2008,
#3
it's a business.

businesses are (usually) run for profits.

if they're losing money they'd eventually go out of business, making everybody lose their jobs.
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Quote by element4433
Yeah. people, like Lemoninfluence, are hypocrites and should have all their opinions invalidated from here on out.
#5
Quote by Lemoninfluence
it's a business.

businesses are (usually) run for profits.

if they're losing money they'd eventually go out of business, making everybody lose their jobs.

this
grok it.

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#7
So you're making a generalization about all American companies as a whole from one example?
#8
Quote by cody733
Welcome to Capitalism!

Enjoy your stay

+1000000000000000000000000000000000000000


Change the topic name to read "Companies Have no Values".
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#9
Toyota kept the jobs because of their values. And its not the only company that does this. Many non-American companies also keep their workers.
#10
Quote by trashyant
Toyota kept the jobs because of their values. And its not the only company that does this. Many non-American companies also keep their workers.

and?

you're a business owner, you employ 5 people. because of this you're losing about 2 grand a year.

do you keep those people employed?
Rhythm in Jump. Dancing Close to You.

Quote by element4433
Yeah. people, like Lemoninfluence, are hypocrites and should have all their opinions invalidated from here on out.
#11
Its happenin everywhere.
Eventually Toyota n Honda will lay off a bunch of people.
Wait n see
#12
Quote by Lemoninfluence
and?

you're a business owner, you employ 5 people. because of this you're losing about 2 grand a year.

do you keep those people employed?

I love you
grok it.

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#13
can you blame them? if you are losing money, firing 50,000 workers will save you a hell of a lot. especially if you don't need them.

it makes no sense for Toyota to keep those workers if they aren't making as much money and don't need those jobs anymore.

they just aren't very smart.

nobody said business was supposed to be ethical. it's about making money.
#15
Quote by daytripper75
can you blame them? if you are losing money, firing 50,000 workers will save you a hell of a lot. especially if you don't need them.

it makes no sense for Toyota to keep those workers if they aren't making as much money and don't need those jobs anymore.

they just aren't very smart.

nobody said business was supposed to be ethical. it's about making money.

Yeah. No company has any obligation to do anything beyond that. I wouuld assume that a company who has to fire a lot of employees to because of money wouldn't be able to pay for classes such as you listed.

Isn't GM doing way worse than Toyota anyway?

and republicans wonder why we didn't even flinch when they told us that obama was a socialist

Obama is not socialist.
#16
Quote by trashyant
Americans aren't really the role models of the world
Who the hell ever thought they were?
#17
Quote by smb
Who the hell ever thought they were?

a lot of ppl actually =/.
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#18
Quote by hobozach
a lot of ppl actually =/.

Just people dumb enough to think that the US is the "greatest country ever".
#19
Quote by Spamwise
Just people dumb enough to think that the US is the "greatest country ever".

...so a lot of people lol
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#20
Quote by Lemoninfluence
it's a business.

businesses are (usually) run for profits.

if they're losing money they'd eventually go out of business, making everybody lose their jobs.


Or maybe they are ensuring a fantastic workplace morale which minises sickdays, overtime and discontent.

It's basic motivation theory.

If this act of absolutely ensuring job security across its work base, it will increase efficiency hugely across the base. An increase of 1% is MASSIVE financially for a firm such as GM or Toyota. It's essentially a huge training exercise. And when you train people well within just-in-time production, holy hell are you in business.

Edit: In fact I wrote all of that without even reading the article. It puts it far better than I do. It's common sense. Anyone who thinks Toyota are idiots for doing this clearly lack any thought process whatsoever frankly.
Last edited by ClaptonWannabe at Nov 17, 2008,
#21
Goddamnit, TS, you are stupid. lrn2eekonomix.

...modes and scales are still useless.


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#22
Quote by Xiaoxi
Goddamnit, TS, you are stupid. lrn2eekonomix.

I lol'd.



Or maybe they are ensuring a fantastic workplace morale which minises sickdays, overtime and discontent.

It's basic motivation theory.

How is a business that is losing a lot of money (enough to need a federal bailout) supposed to do that?
#23
Quote by thelurker
and republicans wonder why we didn't even flinch when they told us that obama was a socialist


Eh, we are gonna keep bailing them out. We'll see how many people like Obama in 12-16 months.

It should just be survival of the fittest. If you make no money, you go out of business. Its the way of life.
#24
Quote by smb
Who the hell ever thought they were?


Americans...
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#25
My brother has his own company. He has 3 workers including my other brother. What he did was tell the other two guys that one of them was going to get fired, but they decided that they would each take a pay cut for some time so nobody would get fired.


Also, if too many companies go down, many people would loose jobs. Less jobs equals less spending and more federal aid. This takes money away from the government specially with Obama in power. If less people spend, more companies go down. Its a cycle that leads to an economic meltdown
Last edited by trashyant at Nov 17, 2008,
#26
Quote by hobozach
...so a lot of people lol

A lot of rednecks who haven't left the country, yes.


Eh, we are gonna keep bailing them out. We'll see how many people like Obama in 12-16 months.

McCain voted for the bailout too, dumbass.
#27
Quote by trashyant
My brother has his own company. He has 3 workers including my other brother. What he did was tell the other two guys that one of them was going to get fired, but they decided that they would each take a pay cut for some time so nobody would get fired.

clap clap clap.

Has your brother tried managing a corporation with economy of scale? I didn't think so. Again, shut your mouth and go crack open an economics book.

...modes and scales are still useless.


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#28
Quote by Spamwise

McCain voted for the bailout too, dumbass.


More than that, the bailout as a whole was a republican idea, they just somehow convinced everyone that it somehow wasn't leftist, because socialism is evil, and republicans aren't evil.
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#29
Quote by Spamwise
How is a business that is losing a lot of money (enough to need a federal bailout) supposed to do that?


Do you not have a brain? Look up union contracts for a start, then you'll be worth arguing with.
Last edited by ClaptonWannabe at Nov 17, 2008,
#31
Quote by Spamwise
^Excuse me for not knowing everything about business economics.


Well we are talking about the two biggest automotive companies in the world and the 5th and 9th largest corporations globally.

So I think some business considerations should be noted instead of merely stating 'OMGODZ TEH BUSINESS IS LOOSIN CASH!!!! FIRE PEEPLEZ!"

And for the record, union contracts are essentially contracts which protect the staff from getting fired. For every staff member fired GM have to play about $100,000 to $15000 each. For that price every staff member could stay for another two years based on average salary.
Last edited by ClaptonWannabe at Nov 17, 2008,
#32
Quote by ClaptonWannabe
Well we are talking about the two biggest automotive companies in the world and the 5th and 9th largest corporations globally.

So I think some business considerations should be noted instead of merely stating 'OMGODZ TEH BUSINESS IS LOOSIN CASH!!!! FIRE PEEPLEZ!"

I never said that.Anyway, If a company is in a position where it needs billions of dollars from the federal government to survive, I would say that it is in pretty horrible shape.
#33
Ford and Gm have been in trouble for years. If **** gets too bad for toyota, they'll do the same thing. Either some people lose their jobs or everyone loses their jobs.

Also, it's harder to fire people in some other countries than it is in America

edit: wtf? when has shit been censored?
#34
GM Fires a **** load of employees and then wants the government to give them a bail out (From tax payer money). GM can go get a fvcking life.

Not only is Toyota keeping their employees trained, they help their image a whole lot when they keep employees around which leads to a thing most people forget about in business which is "employee satisfaction."

This goes a long way in keeping loyalty, and I am sure helps at lowering workplace theft (a major issue), since the employees won't be spiting "the man". Not to mention, they probably got tax breaks etc for helping a charity.

Toyota has one HUGE factory right by my hometown and another just opened up 45 minutes away, and it is employing massive amounts of people for damn good money.

GM and Ford on the other hand are crying for a bailout, because they are dumb and make all the wrong choices.
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Last edited by Jericho114 at Nov 17, 2008,
#35
Quote by trashyant
Toyota also had the same problem but they didn't fire the workers when they shut down factories.
you're an idiot if you think Toyota and GM can be compared on this issue. Toyota pays it's workers a fraction of what GM is forced to pay it's workers.

Quote by trashyant
Toyota has lost $50 million but they say they are going to stick to their values and help the workers.
good for them. let's hope they return to profitability or their "values" won't mean shit when they're bankrupt.

Quote by trashyant
This just reminds me that Americans aren't really the role models of the world. Its kinda sad what has happened in the US
Fuck off, asshole.

Corporations are not, and never were intended to be, "role models". They are intended to create jobs and profit. GM has been doing poorly on THAT score and that should be addressed far in advance of spending money they don't have to support workers they can't employ.

If GM goes bankrupt, the effect on the US job market will be devastating. The GM workers that are now unemployed will have many more of their brothers joining them.
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#36
Quote by smb
Who the hell ever thought they were?(role models)


No other country talks about how great it is as much as the US and it's really nothing special! And for those of you who support these massive taxpayer funded handouts, keep this in mind. Companies who cannot adapt to a changing economy don't deserve to be in business because they made big mistakes. Ford and GM got too big, simple as that, giving them a bunch of money isn't going to change that.

And didn't you guys learn your lesson the SECOND time AIG asked for a handout?
Last edited by firewindraging at Nov 17, 2008,
#37
Quote by Lemoninfluence
it's a business.

businesses are (usually) run for profits.

if they're losing money they'd eventually go out of business, making everybody lose their jobs.


The unfortunate truth.

Capitalism sucks, life sucks, but we learn to get on with it and try to make it a bit better for people.

BTW, I laughed at your user title. A spammer who is also a column cleaner?
WILDCARD, BITCHES!!

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#39
Toyota, is actually a much smarter run company, they have massive reserves of cash for these situations and will return much stronger on the other side of this economic down turn because they maintained stability internally. Toyota in America is only a branch that has large backing from Japan. Toyota has a much more significant market share in more parts of the world than GMC and Ford.