IN CASE YOU MISSED IT

Recent regulations are requiring that all multinational corporations declare the numbers of employees, both in the U.S. and Out-of-Country (termed “Non-U.S.”).  Recent data show surprising numbers being reported.  For example, General Electric has 100,000 employees working in the U.S.; and almost 200,000 working globally.  AT&T, on the other hand, has the majority of its employees working in the U.S.:  approximately 225,000 in the U.S.; 50,000 abroad.  United Technologies(UT) and Ford data reflect the opposite situation:  UT, just over 50,000 in the U.S., about 150,000 abroad; Ford, about 75,000 in the U.S., and approximately 120,000 abroad.  Kellogg employes 59% of its workforce overseas; Del Monte, 80% overseas.  One begins to get the picture of why so many jobs have been lost in the U.S. in recent years.