PPRuNe Forums - View Single Post - First Atlas Air, now it's Polar. Who's next?
Old 19th May 2001, 13:29
  #20 (permalink)  
wonderbusdriver
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Thanks. Now I get it.
Youīre right of course.

Itīs just the way the company "contracts its size", where we seem to have slightly different "models".
The approach here in my country (Germany), is to talk to the workers reps/unions as early as possible (thatīs the hard part I know) and work on a plan to "downsize" the spending of cash, while retaining as many jobs as possible.
The result (depending of course on the severity of the negative cashflow) might then be, that the employees will have to live with much less money, but at least keep their jobs and the prospect of returning to profitability as the company does.
All employees have to be flexible in this model, but the outlook for them would not be as extreme, as being laid-off, especially on very short notice.
When things get better, the company has the flexibility to relatively quickly "upsize" production without much disruption of the whole system, also having to raise the payscales again.

All of this theoretical banter doesnīt help any of those furloughed, of course.
Whatever happens, I hope things get better for you quickly!