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re: Air France cuts 2,900 jobs. Workers go ape sh*t. Execs forced to hop a fence.
Posted on 10/6/15 at 12:05 pm to Hawkeye95
Posted on 10/6/15 at 12:05 pm to Hawkeye95
quote:this is why you were always being viciously beaten up in jr high
Its not economics. Air france is not about to go out of business.
Its managing short term profits on the backs of workers. Its ok to do, but it impacts people's lives quite a bit. Managers should understand the impact of their action prior to taking actions. If they did, they likely would take different actions. I also feel confident those managers are giving themselves a nice bonus based off of this.
Posted on 10/6/15 at 12:08 pm to Kafka
quote:
this is why you were always being viciously beaten up in jr high
The fact he claims to be a finance guy, but says "It's not economics" should scare the hell out of his current employer.
Posted on 10/6/15 at 12:10 pm to Kafka
quote:
this is why you were always being viciously beaten up in jr high
He's also flat out wrong. AF is losing almost a million Euro a day right now.
They're undergoing a massive (and necessary) strategic overhaul, and labor reconfiguration is a part of that. European airlines are a pretty shitty place to be right now, and they are taking it in the chin harder than most.
They are careening down a path of destruction pretty damn quickly. They'd go out of business sooner rather than later.
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