Airbus Concerns
2022.12.02 05:12
Airbus Concerns
Budrigannews.com – Airbus has exceeded its hiring targets this year, but is afraid of losing major suppliers, rushing to fill factories because it is trying to meet the growing consumption of jet aircraft.
Last week, HR director Teiri Baril told reporters that Airbus had hired “a lot more” than the 6,000 people it was expected to hire this year. This means achieving the goals of the A320 family, which account for a huge part of the company’s profits and cash flows.
However, the manufacturer of European aircraft must also take into account the possibility of overspending through its own suppliers, which can lead to an even greater load on the supply chain, which is already in a difficult situation. “We will protect our suppliers, and we must be careful that they are not over-represented on the market.
“We are trying not to exceed market dominance by leaving opportunities in our supply chain,” Baril told reporters. “If in the end we recruit everyone and do not ignore the supply line, then we will lose. It’s very difficult to find a balance.”
The comments that were made during corporate events show how such a so-called Great Retreat has affected the aerospace industry.
During the emergency, there were fewer layoffs and it was more difficult to hire new experienced employees, as demand for them improved. Although European vacation programs have helped Airbus maintain some of its production in the face of a pandemic, many small companies are experiencing a shortage of jobs and a steep learning curve for new employees in the face of newly growing demand.
Another senior aerospace sector executive said: “At first it was a pandemic, and now we are experiencing a new shock, this time a shock, to enhance how we will cope with the recovery.” Thanks to its painfully clean production shop and relatively high salary, the aerospace industry was somehow a symbol of European industries.
However, now it is experiencing competition with new urban employers and a significant shift in bargaining power towards workers and non-large workers. “It’s a very busy job market for us and customers,” Chris Scherer, director of the commercial department, told reporters last week, even though demand for jets has recovered.
Last week, the European Aerospace and Defense Industries reported that wages have returned to the level that existed before the crisis period. In 2021, the business employs 942 thousand people in 30 European countries. Although many aerospace companies have to change the strategy of attracting employees and retaining them.
“In an article distributed by the Royal Aviation Union of the United Kingdom, the head of consultant Arpad Sakala from the executive search firm Cormis Partners published the following assumption: “The longer they wait, the more they will cause burnout among existing workers, which can lead to even greater exhaustion.””