The official 'I lost my job/contract because of Brexit' thread

[eek]

A German Pharmaceutical company announced today that they won't be building a factory in the UK as they planned because of Brexit. instead they'll expand their existing facilities in Germany.

Well paid jobs won't be created, still will increase the labour pool for Wetherspoons. They might be able to cut their hourly rates from 10 to 8 quid.

Really? Which company?

[SueEllen]

I read that 3 companies in areas that voted to leave are moving their factories to another country that is in the EU.

[original PM]

I read that 3 companies in areas that voted to leave are moving their factories to another country that is in the EU.

That's nice for them.

Any ideas where they are going to go to?

Greece? Portugal?

What do they make and what skills do they need?

It is all well and good saying we are going to relocate but that is a costly business in itself and given that no one can predict what the markets will be like next never mind in 2-4 years time which is about how long it would take to relocate a major company then that just seems to be a somewhat knee jerk reaction.

Or maybe they were thinking of it anyway and are now just using it as an excuse?

[FatLazyContractor]

That's nice for them.

Any ideas where they are going to go to?

Greece? Portugal?

What do they make and what skills do they need?

It is all well and good saying we are going to relocate but that is a costly business in itself and given that no one can predict what the markets will be like next never mind in 2-4 years time which is about how long it would take to relocate a major company then that just seems to be a somewhat knee jerk reaction.

Or maybe they were thinking of it anyway and are now just using it as an excuse?

Well, market elsewhere in the world with certainty is better than UK market with uncertainty.

[AtW]

That's nice for them.

Any ideas where they are going to go to?

Greece? Portugal?

Eastern Europe probably

[AtW]

Once corporation tax drops to 15%, there will be alot more factories being built. And there is a possibility of more houses and infrastructure to house the vast numbers of people on this small island.

No, there won't be because corp tax is optional for big multinationals anyway.

HTH

[SueEllen]

That's nice for them.

Any ideas where they are going to go to?

Greece? Portugal?

What do they make and what skills do they need?

It is all well and good saying we are going to relocate but that is a costly business in itself and given that no one can predict what the markets will be like next never mind in 2-4 years time which is about how long it would take to relocate a major company then that just seems to be a somewhat knee jerk reaction.

Or maybe they were thinking of it anyway and are now just using it as an excuse?

It was a Times article.

Two are going to Germany - may be they will just hire a load of Syrians.

[The Spartan]

I read that 3 companies in areas that voted to leave are moving their factories to another country that is in the EU.

What's to say they wouldn't have moved anyway, companies move all the time and plenty have relocated to other countries in the EU over the years.

They'll always do what's right for their profits, why do you think Ford Transit vans are now made in Turkey and not Southampton?

Edit: Yes I know Turkey isn't in the EU it's just an example

[original PM]

It was a Times article.

Two are going to Germany - may be they will just hire a load of immigrants willing to work for peanuts so they do not starve.

FTFY

Which 2 by the way - I am genuinely interested in these things

[SueEllen]

FTFY

Which 2 by the way - I am genuinely interested in these things

If you are a Times subscriber you would know since I can't be bothered to look them up.