Should governments have a role in managing major companies in their domains?
German commentators answered with a definitive “No” the day after Airbus announced a plan to cut 10,000 jobs and close or sell off sites in Germany and France.
Spiegel offered readers a sampling of German editorials (http://www.spiegel.de/international/0,1518,469375,00.html) about Airbus’s Power8 plan and the national influence that most felt landed the plane maker in its predicament. The German publication also provided its own take (http://www.spiegel.de/international/0,1518,469396,00.html).
Workers offered a loud and clear opinion on Airbus’s cost-cutting program, striking at doomed facilities. Labor unions at Airbus’s French sites intend to schedule a one-day strike next week.
On Thursday, however, leaders in France and of the European Union seemed focused on helping Airbus regain its footing. The plane maker, with its delayed A380 program and its belated launch of the A350 XWB, has seen its share of the market shrink while Boeing continues to thrive. The European Union may offer Airbus some research funding, and the French government pledged $132 million to the company.