European leaders have been reacting to the news that Airbus is to cut 10,000 jobs. In Germany, which has three affected Airbus plants, Chancellor Angela Merkel said it was a commercial decision.
“The company has been forced to take a business decision,” she said. “This is partly due to management mistakes, but we want the company to be competitive again. It is difficult and involves difficult decisions.”
The European Commission President Jose Manuel Barroso agreed. “I personally believe that management decisions are most important. But sometimes politics is a factor. If this company is to be a real success they need to have clear business decisions.”
The Airbus job losses, which are to be spread over four years, will be shared among the consortium’s partners in Germany, France, Spain and Britain.