cross-posted from: https://lemmy.world/post/29037456
I feel like this is relevant to the sub. If not, feel free to remove.
cross-posted from: https://lemmy.world/post/29037456
I feel like this is relevant to the sub. If not, feel free to remove.
A little correction there buddy. I happen to be a highly skilled person of the levels you mention. We were mid design of a new product when the tariff on aluminum hit and fucked us up real good. Depending on market conditions and client requirements we order from the US (for made in the USA) from Canada (for no China content ) and from China (for competitive markets). Parts get here, the same USA people assemble the parts, the same USA people calibrate the full production and the same USA people QA, package and ship the product. The tariffs hit right after trying to finish design, but we design with China as fall back and that’s gone. Now Canada is bidding parts but with tariff uncertainty we don’t know if those prices are real. So we’re shopping things here and of course here all shops ask for an arm and a leg. Its like 3 to 10 times the cost. So there’s no profit to be made and the investors are asking to see the final expected price before commiting. What will happen is that we will eat the cost and we’ll have to let our engineers and high skilled people go (since we’re done with our part) so that the company can survive. So I’ll be out looking for a job soon. The company already had a general layoff. So you know its going to be a fun orange Christmas.