Wednesday, 26 December 2018

Scotland loses more high-tech jobs

Four years after IBM closed its long-established Greenock plant, 300 jobs are to go in Livingston. The closure of the Kaiam facility seems genuinely not to be caused by Brexit but by falling revenues at the parent company in California. It is though yet another example of a foreign investor taking public money from a devolved government in the UK and then reneging on the understanding to give continued employment in a high-tech industry.

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