Emma good point within the article I share in large part for sake of precision 40000 is the total of the Defence and space division (including aircraft etc.) that will not totally conferred to bromo
Giovanni, what a pleasure to have you here! Fair point! And yes, I assumed that if the total BROMO headcount will be around 25,000 people, not everyone from Defence & Space will end up within BROMO. My question is: what happens to those who don’t? In many mergers, the first thing that tends to go is jobs… and I’m wondering if that will be the case here.
But both Airbus and Thales cut jobs last year...both faced negative or near-zero revenues. Was the same case with Planetek and D-Orbit? That said, consolidation may simply be the natural cycle we’re entering. I’d just keep a close eye on these jobs…
Valid questions and concerns mentioned! I agree with those. My thinking is that there some-kind of plan in Europe at large to place large orders to BROMO. I'm just wondering how this new large behemoth will resolve internal inter-country politics. Every country will pull to get the work done on their soil to benefit their labor market and economy. Also what is missing in the article what is the position of ESA of this merger, less competition, higher prices for their missions, for sure they are not happy about it.
Hi Tomas, valid point. I genuinely dont know the answers, which is why the article has more questions than answers 😅 regarding the ESA position, I can tell you that their official position is "all good, we are pleased".
Emma good point within the article I share in large part for sake of precision 40000 is the total of the Defence and space division (including aircraft etc.) that will not totally conferred to bromo
Giovanni, what a pleasure to have you here! Fair point! And yes, I assumed that if the total BROMO headcount will be around 25,000 people, not everyone from Defence & Space will end up within BROMO. My question is: what happens to those who don’t? In many mergers, the first thing that tends to go is jobs… and I’m wondering if that will be the case here.
Well in the case of Planetek and D-Orbit in about 6 months new jobs came…
But both Airbus and Thales cut jobs last year...both faced negative or near-zero revenues. Was the same case with Planetek and D-Orbit? That said, consolidation may simply be the natural cycle we’re entering. I’d just keep a close eye on these jobs…
No, we made a strategic business combination, looking at potential growth, not to cut redundancies...
Valid questions and concerns mentioned! I agree with those. My thinking is that there some-kind of plan in Europe at large to place large orders to BROMO. I'm just wondering how this new large behemoth will resolve internal inter-country politics. Every country will pull to get the work done on their soil to benefit their labor market and economy. Also what is missing in the article what is the position of ESA of this merger, less competition, higher prices for their missions, for sure they are not happy about it.
Hi Tomas, valid point. I genuinely dont know the answers, which is why the article has more questions than answers 😅 regarding the ESA position, I can tell you that their official position is "all good, we are pleased".