Wednesday, July 1, 2020

Job Loss

N-TV carried a short update this morning over Airbus and jobs. 

Because of the significant downward trend on air travel....Airbus is going to cut back....almost 15k jobs across the globe. 

Impact on Germany?  5,100 jobs lost. 

The talk of recovery?  Going back to the way it was in 2019?  Airbus is saying it'll be 2025 before they see the situation fully recovered.

Help by the government?  Other than unemployment money....it's hard to figure the long-term help that could get them through to 2025. 

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