Amid growing global economic gloom, including a slowdown in China and falling oil and commodity prices, major companies throughout Europe are announcing mass layoffs and job cuts.
Last Wednesday, US multinational General Electric (GE) announced plans to cut 6,500 jobs in Europe over the next two years, including 1,700 jobs in Germany, 570 in the UK, 765 in France and 1,300 in Switzerland. According to comments from the head of GE's power division last September,
this is part of a plan to squeeze out $3 billion in cost savings over five years.GE acquired French engineering company Alstom in a €9.7 billion deal in 2014, promising to create jobs. GE France spokesman Laurent Wormser said job cuts in France will hit mainly administrative jobs in the Paris area, in human resources, public relations and the legal department.
After reaching an agreement with the trade unions,
French nuclear group Areva announced plans for 6,000 job cuts worldwide, including in Germany, the United States and 2,700 in France. The "competitiveness plan" deal would net Areva €1 billion in savings by 2017.
British Airways is eliminating 5,800 jobs under a plan to cut its debts, on top of 7,600 job cuts already announced earlier. These will largely hit major British airports, including 6,600 jobs cut at Heathrow airport and 3,000 at Gatwick.
Comment: "How much of the most recent refugee crisis is social engineering versus simply the inevitable rot of empire is difficult to tell - though the fact that social engineers would be tempted to use a vast number of refugees created by their own foreign policy indicates that their ploy in and of itself is indicative of immense, irreversible geopolitical rot." -Tony Cartalucci
The underlying strategy -- of a manufactured culture clash, heightened tensions, the incitement of fear (underscored by strategic false flag events), and increased financial burdens (in the context of an imminent global market free-fall) -- sets the stage for an upcoming destabilization in many levels of Western/EU society. The timing by the PTB has been calculated and impeccable. Cue the chaos.