Yes and no.
As you say, more employees with AF and LH than with Airbus / EADS.
Well, the hikup is that we don't talk about the same sort of employees.
- on one side, high-level technician workers, graduate engineers, test pilots, scientists, production centers, subcontractors, an industry which took dozen of years in both countries to create and maintain (the sames also build helicopters, business jets, fighters, misilles, satellites... to the great displeasure of another big aerospace country which considers it should be the only one in the business )
- on the other side : cheap jobs, cabin crew, airline pilots with no academic backgrounds who paid for their training, ground staff and "apron engineers", business specialists selling passenger seats as they could sell anything like used cars or fresh vegetables
So it could be that things are not balanced as you say.