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| | | House passes bill with new restrictions on non-compete agreements | | | | The Massachusetts House on Wednesday approved a bill that restricts the use of non-compete agreements -- clauses included in contracts to prevent employees from jumping ship and bringing their knowledge to competitors. | | | | Read more >> | | | | Lawmakers slap together on-time budget | | | | Responding to instability in the stock market that has shredded revenue estimates for next year, House and Senate leaders on Thursday will seek passage of a $39.15 billion budget accord for the fiscal year beginning Friday that slashes $750 million in projected revenue. | | | | Read more >> | | | | Senate passes ride-hailing bill | | | | The Senate on Wednesday passed a bill to create a regulatory structure for the novel app-based ride-hailing services such as Uber and Lyft. | | | | Read more >> | | | | | | Like us on Facebook for our latest business news |
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| | | Question of the Week | | | | Tuesday we asked: Framingham's Bose Corp. has sold manufacturing plants with a combined 3,500 employees in Mexico and Malaysia for an undisclosed sum. The plants were sold to Flextronics International Ltd., and the facilities will continue producing Bose products, with the company saying the arrangement will help improve distribution. | | Is outsourcing a smart move for manufacturers? | | | The issues addressed by this question are far too complex for a simple yes/no answer. Every company has it's own priorities, culture, economics, and vision. So each company's circumstances determine whether outsourcing is right for them. This is largely an unanswerable question. Every scenario is unique. In Bose's case they seem like they are likely making Bose employees Flextronics employees, both overseas. While offshoring seems attractive, when you add up the added support staff, maintaining US facilities, and travel costs. One has to wonder how much cheaper it really is. Global competition and the fact that a business must compete with the same relative costs of operating or even less than their competitors to stay alive unfortunately says outsource due to Cost of goods, production. | | See All Comments >> | | |
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