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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: steve harris who wrote (259808)11/14/2005 4:38:57 AM
From: Elroy  Respond to of 1578181
 
The Japanese firms have fewer pension obligations and more flexible workforces—and they are largely non-union.

Don't know if its a fair comparison. Japanese auto firms in Japan are highly unionized. I would imagine American firms that have significant operations in Japan (Morgan Stanley, BofA, etc.) also have significant labor cost benefits over their direct Japanese competitors (Nomura, Bank of Tokyo, etc) just by virtue of being more recent entrants.


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