Washington: Trump will seek job creation advice on Thursday from at least five companies that are laying off thousands of workers as they shift production abroad.
President Donald Trump, who has vowed to stop US manufacturing from disappearing overseas, will seek job creation advice on Thursday from at least five companies that are laying off thousands of workers as they shift production abroad.
Caterpillar Inc, United Technologies Corp, Dana Inc, 3M Co and General Electric Co, are offshoring work to Mexico, China, India and other countries, according to a Reuters review of US Labor Department records.
According to the White House, executives from the five companies are among a group of business leaders due to meet Trump on Thursday to discuss how to help the president deliver on his promise to increase factory employment.
About 2,300 US workers at these five companies stand to lose their jobs within the next two years as a result of offshoring, according to the Labor Department’s Trade Adjustment Assistance Program, which provides retraining benefits to workers displaced by global trade. Reuters obtained the information through a Freedom of Information Act request.