{UAH} THIS IS BREAKING RIGHT NOW

Friends

We are getting reports that Volkswagen will shed 30,000 jobs to cut costs as it tries to recover from its diesel emissions scandal and invests more in electric-powered vehicles and digital services. Company officials said at a news conference at headquarters in Wolfsburg, Germany, that 23,000 of the job cuts will come in Germany. It said the measures will save some 3.7 billion euros ($4 billion) a year from 2020. We do not know how this will affect the workers in North America, until when offices open up here this morning, but jobs are being slashed. And as an experience in these things, when a company starts to cut jobs it does everything it had in mind and feared to implement.

So thank God for Obama’s environmental protection hyperbole, for it has just landed on your God damn dining table.

EM

On the 49^th Parallel          

                 Thé Mulindwas Communication Group
"With Yoweri Museveni, Ssabassajja and Dr. Kiiza Besigye, Uganda is in anarchy"
                    Kuungana Mulindwa Mawasiliano Kikundi
"Pamoja na Yoweri Museveni, Ssabassajja na Dk. Kiiza Besigye, Uganda ni katika machafuko"