Airbus takes need for job cuts to its workers
Desperately keen to present a positive image here at Le Bourget following the past two years’ industrial troubles, Airbus is working to ensure the support
Desperately keen to present a positive image here at Le Bourget following the past two years’ industrial troubles, Airbus is working to ensure the support of production-line workers for its proposals to rationalize the business. Airbus plans to improve earnings before interest and tax by a cumulative $6.6 billion during by 2010 and to generate an additional $2.8 billion annual revenue from 2010.
The move to win over workers had an inauspicious start on June 6 after Airbus presented the “new, simplified and streamlined” structure to its European Works Council. Employees at three German sites earmarked for disposal went on strike in protest to the plans, but the manufacturer claimed to expect no consequent impact on production.
