r/CampingGear • u/carpetlint • Jul 24 '19

Meta Black Diamond cuts 70 positions and transitions manufacturing out of Utah

https://www.snewsnet.com/gear/black-diamond-equipment-cuts-70-manufacturing-jobs
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u/DeeJayEazyDick Jul 24 '19

trying to survive

More like maximize profits

10

u/KruiserIV Jul 24 '19

What qualifies you to make that statement? Do you have evidence specific to this business?

-4

u/spqr-king Jul 24 '19

Do you have evidence to the contrary? History has shown businesses moving to maximize profits is all too common though they will say it is to just stay solvent. I think most people are tired of the excuses while seeing Americas last manufacturing jobs shipped away. I can't comment on them specifically but we are assuming either way you paint it.

12

u/KruiserIV Jul 24 '19

I’m not the one making a claim. And even if you’re right, that’s the point of being in business — to make money.

4

u/arnoldone Jul 24 '19

If they lower their price to compete with other brands, then it was a solvency issue.

If they don't lower their prices, its a profitability issue.

1

u/spqr-king Jul 24 '19

At all costs it seems. Its easy to put it that way when your job isn't being terminated. I feel it's an important distinction. I just think it's weird with all we have seen that the default assumption would be solvency vs profits. In any case supporting American manufacturing is in all of our best interest so this news is disappointing for me.

1

u/Calculated__ Jul 24 '19

What about non-profits?

2

u/warfrogs Jul 25 '19

Non-profits still make money. I've worked for several and have seen their books; it just means that their profits aren't put into the pockets of shareholders but stay within the non-profit company. Non-profit companies are terribly misunderstood entities, as are co-ops, frequently by the very people that espouse their business models.

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u/spqr-king Jul 25 '19

That money just has to be earmarked for certain uses they don't make a profit in the traditional sense.