You may never have heard of the small town Salo in Finland (population 55,000). But you will probably have heard of Nokia mobile phones, handsets, and so on.
When the textile trade dwindled in England, and factories were shut down, this caused big changes in English society. Nowadays, we import most of our clothing from Asia.
But mobile phones (cell phones, Handys, kännyköita, and so on) are modern technology. Did anyone expect a downturn in sales so severe that people would lose their jobs and whole factories would close in such a dynamic sector?
They have a lovely low-rise public library in Salo, but unfortunately there will soon be 850 more people who will have little else to do but go there and borrow books. The Nokia factory in Salo is going to be completely closed down. So not only those 850, but all the shops, restaurants, etc., depending on the workers buying goods and services will be adversely affected. Library:
This sort of thing happens worldwide all the time, but these people were working in one of the most dynamic sectors of all. Or maybe we've now got a glut of mobile phones and similar devices.
P.S. The link to the picture of Salo library works, but is not highlighted in any way.