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15,000 workers to be sacked soon

15,000 workers to be sacked soon due to te COVID-19.

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 Aerospace giant Airbus announced Tuesday that it would cut nearly 15,000 jobs across its global work force, the largest downsizing in the company’s history.

Meanwhile in Ghana, Dr. Yaw Baah, TUC, Secretary-General, said ongoing research by the Labour Research and Policy Institute of TUC, shows the devastating effects of the COVID-19 health crisis on jobs and livelihoods in both the formal and informal segments of the economy in May.

Aerospace giant Airbus will cut 1,700 jobs in the UK, along with thousands more in Germany, Spain, and elsewhere.

"With air traffic not expected to recover to pre-COVID levels before 2023 and potentially as late as 2025, Airbus now needs to take additional measures to reflect the post-COVID-19 industry outlook," the company said in the press release.

The job cuts account for roughly 17 percent of the group’s 90,000-strong commercial aerospace workforce and have been carefully calibrated to avoid the rivalry between unions in France and Germany.

“Airbus is facing the gravest crisis this industry has ever experienced,” Mr. Faury said in a statement Tuesday.

 “We must ensure that we can sustain our enterprise and emerge from the crisis as a healthy, global aerospace leader, adjusting to the overwhelming challenges of our customers.”

The firm expects to make the cuts by summer 2021, but hopes the majority of redundancies will be voluntary or through early retirement of staff.

The airline and hospitality industry has been hit very hard due to the COVID-19 pandemic.

The statement also read

"The measures we have taken so far have enabled us to absorb the initial shock of this global pandemic," Faury said.

"Now, we must ensure that we can sustain our enterprise and emerge from the crisis as a healthy, global aerospace leader, adjusting to the overwhelming challenges of our customers."

We wish the pandemic is over as many people all over the world including Ghana are facing hardships.

We need to help each other in times like these to make Ghana great again.

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Akuffo Addo, the president of Ghana has given loans to the citizens and major airline operators to help them survive in this pandemic.

Content created and supplied by: ArabaThomas (via Opera News )

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