EADS has 'duty' to avoid layoffs: France's labour minister
French Labour Minister Michel Sapin insisted Tuesday that it is the duty of European aerospace giant EADS to avoid job cuts, and that it is unacceptable for the profit-making firm to impose lay-offs worldwide.
"Its duty is to put in place measures to avoid all layoffs and in France, it will not be accepted, because it is not acceptable for a company like EADS to cut jobs globally," the minister told Europe 1 radio, pointing out that "this company makes money".
EADS, which makes Airbus planes, late Monday announced that 5,800 jobs in its defence and space division would go in the next three years.
The cuts come as the company undergoes restructuring to cope with falling orders, and will affect its workforce in Germany, France, Spain and Britain.
Furloughed employees will be offered redeployment in 1,500 jobs at the company's Airbus and Eurocopter divisions.
About 1,300 short-term contracts will not be renewed, and with voluntary measures, the company estimated final redundancies to come in at between 1,000 and 1,450 employees.
The French, German and Spanish governments are stakeholders in EADS, which was formed in 2000 through a merger of leading aerospace companies in the three European countries.
© 2013 AFP