Job Losses, Multinationals and Globalization

Job Losses, Multinationals and Globalization

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This paper examines the anatomy of the pervasive current job cuts and job losses in multinational enterprises. It raises the question of social and economic costs to countries and workers, focusing mainly on Latin America and the Caribbean. The paper also documents multinational job cut in the region for 2001, presenting them by sector, firm, and country, while discussing the inadequacy of data for understanding the magnitude and importance of job cut trends. Finally it examines the role of the national authorities in the face of growing multinational corporate activity expressing support for policies aimed at protecting worker interests.... motor vehicles 2 167 Royal Ahold N.V. and motorcycles; repair of personal and (Koninklijke Ahold) household goods ... 8 040 Sidemrgicas de Minas Gerais - Brazil (36.6%) SA) Nippon Steel Corporation - Japan (%) 92 Lucent Technologiesanbsp;...

Title:Job Losses, Multinationals and Globalization
Author: Beverley A. Carlson
Publisher:United Nations Publications - 2002

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