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Airbus CEO Louis Gallois: Power8 prepares way for "New Airbus"
"We cannot continue to produce at our current Euro costs and sell at Boeing's dollar prices,"
so (same document):
A large part of the cost savings will be achieved through reducing the total Airbus overhead workforce (including temporary and on-site supplier workforce) by 10,000.
Subcontractors are also being substantially reduced. That's happening in a fairly complicated way I haven't got a handle on. But production is being outsourced to dollar zone and low-labour-cost countries.
So "layoffs" are "unlikely" essentially because they've already been made.
(It would be interesting to see what Melanchthon has to say, he may know more about this than I do. Also our much-regretted friend Elco B, where are you, Elco?)
As to EU or government attitudes, they've always been broadly supportive of Power8 afaik. Only if the crisis really began causing a lot more trouble would I expect Sarkozy to step in, and more likely on his hobby horse of "the euro is too dear". In other words, not in favour of good French-German coordination on this...
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