why is qantas so precious? so many other well known companies have gone under and some have come out better, others have gone forever. I do not have to wait for qantas to fall apart, it is a foregone conclusion that it will happen. Those thinking that their jobs are so secure at qantas can continue to dream, no one is stopping you.
Qantas needs to have a huge revamp in its costly labour expenses, Unless mass sackings happen, it will not be able to revamp this high labor cost. For far too long peeps at Qantas have been paid more than what they actually output.
A comparison with American counterparts will see the huge difference in front line staff here being paid way too much for that same output.
The news gets worse for the Australian economy in the next 24 months, and somehow, peeps here think qantas will not be affacted one iota. IMF forecasts was worse than first thought, even the Federal government cannot guarantee no double digits unemployment. In short, it will increasingly be a more difficult place to operate a business. And somehow all at Qantas think precious Qantas will be the only company in Australia totally unaffected with nil sackings whatsoever. Have these people being hypnotised by team managers?
If not, let's begin in unison, "qantas will be the only most profitable business despite everything else is crumbling like cookies" "No one will be sacked , thank God for unions"
there you have it, happy?