No Andy. Quite clearly the CEO of British Airways is a laughing stock as far as those entrepreneurs are concerned.
He has been called "idiotic" by Stephen Archer. "This move reeks of panic" he adds.
Stephen Bentley also agrees that Walsh has made "an idiotic move"
Brett Raynes MD of Backup says: "Before BA takes these drastic steps, it may be easier for the company to look at efficiency improvements first – and that’s not a euphemism for job cuts,”
David Readman a personnel professional states this has :“all been done from the hip and will cause enormous loss of trust in Willie Walsh and his position as head of one of Britain’s biggest enterprises.”
BASSA have certainly got their work cut out dealing with a CEO and management who are so publicly ridiculed for their ineptness.
Now this Charlie Mullins knows a thing or two about running a business:
Mullins blasts British Airways - Real Business
When is Walsh going to launch a Rights Issue to raise money for the downturn? It should not all be down to the staff when the shareholders potentially have so much to gain.