Current events. Environment. UK. Unemployment.
Just read this snippet: https://www.theguardian.com/business/live/2017/dec/07/pound-sterling-ftse-brexit-bitcoin-economics-business-live?page=with:block-5a29310083311a066ae8c1ca#block-5a29310083311a066ae8c1ca
"Workers at GE Power have just had a very nasty shock. The US company is axing 12,000 jobs across the globe in a cost-cutting drive.
"The move includes 1,100 workers at its UK operations, mainly in Stafford and Rugby.
"GE blamed falling demand for fossil fuel power plants, saying:
"“Traditional power markets including gas and coal have softened”."
Current events. Environment. UK. Unemployment.
This was kind of inevitable but also wow that sucks for a lot of people. I'm glad the industry is measurably shifting and I am excited to see where it heads and goodness knows we need to burn fewer fossil fuels but ouccchhhhh.
