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Friday, May 20, 2016

Things Don't Get Better.

 SNC-Lavalin is eliminating 950 jobs around the world including 600 in Canada. The Montreal  based engineering and construction company says all of its employees affected have been notified, with most having already left.
The company said the downsizing in Canada mainly involves employees in Ontario and Alberta, followed by Quebec, and the trend follows the elimination of 4000 other jobs in 2014.
The company has 40,000 employees worldwide including 12,000 in Canada, most of whom are probably feeling very insecure. The above tends to confirm that there is no such thing as a secure job and that companies are forced to adapt to a weakening economy. Things don't get better under capitalism do they? 

John Ayers.

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