And he’s not talking to the media either. But he’ll sure keep taking that bailout money.
Bombardier CEO Alain Bellemare was a portrait of cowardice following the announcement that frequently bailed-out company is cutting 3000 jobs in Canada.
2500 of those jobs are in Quebec, and the company recently held a meeting to discuss the fallout.
Yet, despite being the CEO, Bellemare skipped the meeting, not even having the guts to deal with things in person.
Many of us have seen those videos where the boss of a company will gather employees on the factory floor, and announce that there are going to be big job losses. Those videos are tough to watch, as people are losing their livelihoods and being pushed into a serious financial struggles. And while we never really sympathize with the boss in that situation, at least the head of the company has the respect to announce it in person and take the heat in person.
But by skipping the meeting, Bellemare failed to even meet that standard.
Bellemare has also reportedly “avoided any interviews” since announcing the slashing of jobs.
Of course, what makes this all the more outrageous is that Bellemare and Bombardier certainly showed up to cash those bailout cheques we all paid for.
Bombardier has repeatedly failed to compete in the free market, and demanded all the benefits (to them) of nationalization (an endless supply of taxpayer money and staying alive despite constant failure), while taking none of the drawbacks. They kept paying their CEOs big bonuses, and kept pushing jobs out of Canada.
The least Bellemare could have done is show up to the meeting to take the heat in person, and be answerable for the actions of the company. If he can’t even do that, why does he feel entitled to our tax dollars every time his company fails?
Photo – YouTube