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Name: NIÑA SHRINE A.

PECASALES
BSA - 2nd YEAR LEVEL
THE CONTEMPORARY WORLD
[ 1015 AS212_TCW-KXa ]

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“Losing of Local Jobs”


Globalization may lead to a decline in employment opportunities as businesses
consider moving their manufacturing facilities overseas. Being highly competitive
with different companies and nations may result in job losses due to the disclosures
of companies. Since connections are already easily accessible to everyone, it made
each of us connected. In part of this, innovation comes together with globalization. A
lot of companies are adopting new strategies and systems to look more flexible and
innovative. Due to this, most of our local worker was able to be replaced by
technologies. Technologies that are a faster and handless operator that works more
accurate than a human. Also to the accounting system, technologies have been
installed in some companies. It may some accountant do their roles easily, at the
same time, some accountants lose opportunities due to loss of job vacancies.

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