SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Moderate Forum -- Ignore unavailable to you. Want to Upgrade?


To: Yogizuna who wrote (6326)1/27/2004 5:10:18 PM
From: cosmicforce  Read Replies (1) | Respond to of 20773
 
Because they are the lapdogs of the "machine". I find it disturbing how Dean is being handed his hat while the Democrat heir-apparent (and Skull and Bonesman) Kerry is given the ticket.

As my friend put it, its like someone says, "Do you want to bet on the Raiders or the 49ers?" but

a) you don't want to bet
b) neither team appeals to you if you did bet
c) and if you were inclined to bet, you would rather play poker where there is an element of skill involved on your part.



To: Yogizuna who wrote (6326)1/27/2004 5:12:20 PM
From: TigerPaw  Read Replies (2) | Respond to of 20773
 
Kraft axes 6,000 jobs, shuts factories
<font color=maroon>Kraft Foods Inc. announced it will axe 6,000 jobs, or six percent of the staff, and close up to 20 factories in a global turnaround plan expected to cost 1.2 billion dollars.</font>

sg.biz.yahoo.com

<font color=maroon>Under the new "sustainable growth program", Kraft said it would cut 6,000 jobs and exit or close up to 20 factories worldwide over three years. First targets are plants in Canton, New York; Farmdale, Ohio, and central Europe.

About 1,300 jobs in North America would be shed in the first quarter of this year, the group said.

Most of the 1.2 billion dollars in pre-tax costs -- the bulk of which was for asset write-offs and employee severance costs -- would be incurred in 2004 and 2005.</font>

TP