I don't see how QANTAS can afford to pay out redundancies when it's already broke? From what I can see they can only achieve this by selling off assets (i.e. terminals) but then they'd have to rent them back off the new owner it doesn't add up. They need to sack Joyce or wind up the whole shebang and be done with it.
Whether it be sooner or later Qantas, as sad as it may be will go the same way as the car manufacturers. I don't think sacking Joyce would make an ounce of difference as satisfying as it may be. If the economy as a whole goes the way many of us believe in the next few years less and less people will be flying anywhere.
Any in the background the big banks are laughing their ass off, as they have the government guaranty and all the government funding they want! What a world we live in...
They can't afford not to lay off... otherwise it would guaruntee they cease to exist. This has been in the making for years, and more than in the car industry, Qantas was held at ransom by the TWU. This is the companies only way out of a unionist hijacking - "restructure" under a new government and new employment terms.
News today on the radio: Virgin is calling for the scrapping of the carbon tax, they say it is costing them too much, they have posted a loss also.
Joyce can only put forwardto the Board these decisions and the Board of Directors then sanction them. I doubt any of them had all that much choice. OC
I don't think they have the intelligence to know their arsehole from their elbow. This was proven during the Dickson years.
Oh Oh......ANd its not 3000 jobs but 5000 being cut to the bone! http://www.news.com.au/travel/trave...onal-airport-lax/story-e6frfq80-1226841174087
That article says it's not 3000... So why would it be 5000? Hockey is an absolute joke. He was meant to be not completely useless and now on top of everything else he's complaining to Virgin about them beating Qantas.
This is just a flavour of what Qantas was up against a couple of years ago (good to help shed some perspective about the current events) that occurred between 13 April 2011 and 29 October 2011: Union (ALAEA) notifies Qantas of protected industrial action in the form of a one hour stoppage at all Australian ports between 8 am and 9 am;[/*] A single employee, the president of ALAEA, engages in a one hour stoppage;[/*] ALAEA notifies Qantas of protected industrial action in the form of indefinite overtime bans and 2 hour stoppages between 1 am and midday in Melbourne;[/*] Ditto Perth, Brisbane, Adelaide/Darwin on successive days;[/*] ALAEA notifies Qantas of one minute work stoppage for 15 July 2011, overtime bans and a limitation on how work is customarily performed;[/*] AIPA notifies Qantas of protected industrial action by long haul pilots in the form of bans on complying with Qantas' in-flight announcement policy and performing work in a manner different from that which is customarily performed;[/*] AIPA notifies Qantas of protected industrial action by two long haul pilots in the form of two minute work stoppages;[/*] Pilots start making AIPA endorsed passenger announcements;[/*] One pilot implemented a ban on working days off;[/*] One pilot engages in two, two minute stoppages;[/*] NUW notifies Qantas of national wide 24 hour stoppages;[/*] ALAEA notifies Qantas of one hour stoppages each weekday from 25 August to 16 December;[/*] ALAEA notifies Qantas of protected industrial action in the form of weekend overtime bans;[/*] TWU notifies Qantas of 4 hour stoppages in all mainland cites and higher duties ban of 48 hours duration;[/*] ALAEA notifies Qantas of full shift stoppages at the heavy maintenance facilities (Avalon and Brisbane)[/*] TWU notifies Qantas of one hour stoppages at 8 am at all major airports;[/*] ALEA calls off four hour work stoppages due to start later that day;[/*] TWU members (baggage handlers and ground crew) engage in two, two hour work stoppages in Melbourne and Sydney;[/*] TWU lodges an application with Fair Work Australia for a good faith bargaining order, claiming Qantas breached good faith obligations by notifying TWU members through a 'late-night post delivery' that Qantas would not accept part performance;[/*] TWU rejects Qantas offer of 3% pa pay increase, a 1% increase to superannuation, no forced redundancies for the life of the agreement;[/*] TWU notifies Qantas (date of AGM) of a one-hour stop-work meeting;[/*] Ground staff participate in nationwide one hour stop meeting.[/*] Notwithstanding multiple attempts at conciliation and meetings between management and union leaders (including Alan Joyce meeting Tony Sheldon on 15 October), nothing was resolved.[/*] With respect to the odd 1 and 2 minute stoppages, besides potentially affecting take-off slots and on-time performance, every time there was a stoppage, even for one minute, it was Qantas' legal requirement to dock the pay of the workers taking the action (ie administrative burden). Various tidbits in the newspapers on October 13: - The Transport Workers Union has warned unionists are prepared to wage a year-long campaign of strikes against Qantas as thousands of airline passengers face disruption today from the latest round of stoppages by employees. - The TWU will take strike action in two two-hour blocks during morning and evening peak travel times, except in Canberra. Instead, they announced they will strike on Thursday for four hours at the same time that politicians will be seeking to leave the nation's capital at the conclusion of the parliamentary sitting week. - After canceling almost as many strikes as they have called, the Australian Licensed Aircraft Engineers Association (ALAEA) is pledging to follow through with a four-hour strike on Friday. ALAEA canned a strike on Monday at the eleventh-hour, but not before Qantas canceled flights. - ALAEA Engineers are threatening strikes over the entire summer period and advising travelers to book elsewhere, but also promising respite for two weeks over Christmas. This guerrilla warfare by the unions on their employer was allowed under the Fair Work laws. Qantas did not take the matter to the tribunal because: As Joyce said at the subsequent Senate hearing, left with no other options, on 29 October 2011, Qantas grounded all its domestic flights with effect from 5 pm and locked out employees (licensed engineers, ground staff and long haul pilots) covered by collective agreements: Personally I blame Abbott
I honestly struggle to believe the absolute stupidity of the unions and their workers here. They watch industries collapse, they know their companies are going broke and the only solution they can come up with is to get themselves fired?!
(to add)... This masterstroke-move by AJ against Sheldon and the TWU effectively handed Sheldon's ass to Gillard and the ALP on a plate whilst playing their own game. It was gold.
NIL sympathy for the gullible bogans that vote as they are conned to do at union meetings. At war with "the bosses" that pay their wages, and they end up unemployed. ONE DAY they will beg for casual work at $10 an hour. OC
If you start a price war with your opposition you'd better be sure your losses will be less than theirs. Qantas management have failed miserable with their strategy in recent years.
Depends how it pans out. The price of the hard-nosed unionist's labour* can go to zero while the price of much of the senior management will still have value. * Especially the price of those who were threatening to strike after the announcement.
Like I said its 5,000 jobs. http://www.smh.com.au/business/aviation/qantas-chief-alan-joyce-cuts-5000-jobs-20140227-33j48.html
