Transforming Factories or Moving Factories

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Good Morning, this is a thought for the weekend. We see in Europe that companies are moving jobs from West countries (e.g., Italy, UK, etc.) to East (e.g., Slovakia, Czech Republic, etc.). What about the corporate social responsibility? Would it be better to "transform" factories, take advantage of automation and transform some jobs? You may still cut workforce, but you do not destroy the industry in a country. For example, Swatch has demonstrated that you can build automatic watches for the mass market in Switzerland. They have automatized the production that remains in the country. You can bet that, while they have created some jobs to run the factory, they remain competitive.

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