In the time of Covid, capitalism shows a face that may be even worse than usual. Of course, the cynicism of the system is nothing new. But we must admit that in these troubled times, the level reached is astonishing even the most experienced observers of its criticism. We knew the stock market layoffs, where the misfortune of employees is used to skyrocket shareholders’ assets. Here are now the Covid layoffs, where the virus serves as a screen for the anti-social works of money laundering to lay people off with a vengeance. The goal is always the same: brutally attack the share of wealth that goes to employees to maximize that of capital. Classic.
Thus, the Mulliez family takes advantage of the period to “sharpen” Auchan, its parent company. After having seen its profitability increase by 79% between March and May, during the confinement, the magnates of the mass distribution invoke the Covid to lay off 1,400 people. At Valeo, we use all the legal arsenal made available by Macron and his predecessors to break social gains: increase in working time, salary freeze, flexibility, everything is there to take advantage of this window of health firing. As for General Electric, all shame, the American company, instead of creating the 1,000 jobs promised during the sale of Alstom, would like to cut 750 and even close two sites!
Even the Minister of the Economy is obliged to admit that the excuse of the Covid is a pipe dream. But from there to acting, there is a step that Macronie refuses to take. When the government acts, it is to offer 8 billion euros to the automobile from which Valeo has benefited, to perpetuate the Cice which Auchan has benefited from, and to pay for words to castigate GE. However, Covid layoffs like stock market layoffs should be prohibited. This is what the mobilized employees are asking today in the street, they are at least a thousand times right.