HutchTech is laying off a third of its workforce, and moving a chunk of what’s left to…
…newly pro-business Wisconsin.
Coincidence? Correlation doesn’t necessarily equal causation. Technology companies – especially companies that manufacture parts for PCs, which have been cheap commodities for years.
Hutchinson Technology today announced it will shed 30-40% of its workforce in a restructuring move. Hundreds of employees will be laid off from the company’s Hutchinson operation, where many jobs will be moved to Eau Claire, WI and overseas (Star Trib story). While U.S. technology manufacturers have struggled to compete with the influx of foreign competitors, Wisconsin’s new pro-business plans certainly didn’t hurt their chances of attracting the employer across our borders.
But that whole “correlation doesn’t equal causation” bit? As Andy Post at MDE notes, Mark Dayton could stand to remember it:
Who’s to blame for these lost jobs? You may remember last November when Mark Dayton blamed Governor Tim Pawlenty for job losses at Lockheed Martin. Dayton was quoted saying,“It seems to me this is fundamentally a responsibility of Gov. Pawlenty and his administration,” without any further logic or explanation.
Then, of course, these latest layoffs are fundamentally a responsibility of you, Governor Dayton.
Fair for TPaw, fair for Lord Fauntelroy.
And it is fair. Because at the margins, people – and companies – expend their resources to save on taxes.
And sometimes that involves shedding jobs – whether it’s because the state is hobbled with a tax-and-spend-crazy DFL legislature, or a tax-and-spend-crazy DFL governor who is dead-set on hamstringing the grownups’ efforts to get the house in order.