After much dillydallying, debate, union red eye, negotiation and renegotiation the ailing aircraft company Airbus is set to outsource more (here, here) and to cut 10,000 jobs. Taking lead from rival Boeing (after steadily losing market from Boeing, Airbus is now searching for the magic wand of Boeing and thus comes more outsourcing and job cut plan). After unveiling of the ‘rightsizing’ plan, French and German workers responded by staging a mass walkout.
Airbus will outsource three factories and sell/close three more. It includes French Saint-Nazaire-Ville plant and two German sites -- Varel and Laupheim.
Dent inside the company is such that even a deal worth €200 billion (£135 billion), which it won recently could not cure the diseased.
Ever heard justification on outsourcing on being loser in the market? Take this sound bite from Airbus CEO Louis Gallois;
"We are doing what other companies have done, but we're a bit late."
News from Washington Post: Airbus to cut plants and 10,000 jobs in overhaul
A bit late and a bit harsh I'd say. 10000 is not such a small number even for a large company as Airbus. They must have quite a business plan if they're cutting down jobs like that.
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