Competition in the Market
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The prospects for good careers are now worse than ever; Downsizing and mergence between companies are the main reasons that lead to this result. Many good careers are deskilled because of these market tactics. The competition between companies has made many people suffering to get a good career.
Downsizing becomes a common method for employers to cut down the operating cost while simultaneously increasing the production and efficiency. The main reason that leads to downsizing is automation. The latest technology has made automation eventually replacing several careers in the market. The use of machine can greatly reduce the operating cost and the probability of human errors. Employers can use this saved money to expand their production lines or develop another product. Therefore, many jobs other than management are being eliminated by various kinds of machine. The unemployment rate in the automobile industry is the most seriously affected because of the replacement of automation. The use of robot welders and painters has allowed employers to eliminate large number of workers. These experienced workers are no longer able to stay in this industry.
Another reason that affects the prospects for good career is the mergence between companies or corporations. In order to survive in the competitive market, companies merge with