Caught this piece of news: http://www.usnews.com/news/business/art ... er-scandal
Volkswagen announced plans Friday to cut 30,000 jobs in a wide-ranging restructuring of its namesake brand as it tries to recover from a scandal over cars rigged to cheat on diesel emissions tests.
The German company said the job cuts are part of a long-term plan to improve profitability and shift resources and investment to electric-powered vehicles and digital services.
On scale, that's a tectonic shift in the industry. To deal with increasingly stringent emissions standards, a company has to cheat, get's caught, and looking down the maw of bankruptcy, attempts to transform itself bottom up. That's a lot of people suddenly left without a job. Forget the acid and tangerine dreams - its time for some fentanyl.